STX 9.52% 23.0¢ strike energy limited

Sorry to be a damp squid (yes, me of all people here), but it...

  1. 618
    3,519 Posts.
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    Sorry to be a damp squid (yes, me of all people here), but it does NOT confirm the commerciality. What it has confirmed is the presence of movable gas (rather than immovable gas or residual gas) - which is still very good news as it proves that the reservoir does flow post-fraccing. Now a question of flow rate and thus, commerciality. Not very surprised with the result, most of us long termers here would have more surprised with a bad result I think.

    Anyway, bring on the stabilised flow rate :o)

    618
 
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