STX 5.26% 18.0¢ strike energy limited

stunning buying opp, page-3

  1. 3,642 Posts.
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    re: stunning buying opp - sandy I agree sandy.. they will re-evaluate their programme in light of discoveries. My interpretation on Webernik is that we have another discovery that will require development wells being drilled once testing is done.

    I think it is worth mentioning the economics of having two discoveries side by side. Insofar as the testing is concerned the equipment from Shefcik can presumably be immediately transferred to Webernik to test flow rates etc. In addition, the ongoing development programme will be equally more cost effective.

    regards
    DF
 
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