STX 5.00% 19.0¢ strike energy limited

sanchez drilling update 29 oct, page-3

  1. 5,348 Posts.
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    nipap, this was posted by Estseon a few days ago, but thanks anyway.
    Yes the surrounding area is having a ramped up campaign so hopefully that bodes well for STX.
    Having said that the share price is not suggesting that Bigham 1 will be anythign fantastic. But again...who knows !
    I am surprised at the time taken for this well to clean up though. ASX disclosure rules stipulate that they should release any material news as soon a possible once known so I can only guess that it is still cleaning up. Might be something to do with the amount of frac stages in this lateral.
    Has anyone else got any info on clean-up times v's amount of frac stages under-taken - just for my learning ?
    thanks
 
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