STX 2.50% 20.5¢ strike energy limited

"Please note in the above that Beach completely truncated the...

  1. 3,578 Posts.
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    "Please note in the above that Beach completely truncated the extent of SE field. I wonder why?"

    STX have drilled SE and concluded it is connected to WE and although near Trigg not connected and with the "stroke of a pen" Beach are trying to imply SE-WE aren't connected perhaps for their own future advantage (interesting)?? or as I suspect just sour grape's to cast dispersions on STX's prospects.

    This makes success at SE potentially even bigger if it comes off but also raises the risk profile slightly.

    There's now been 2 PB failures,one to the north and one to the south of our discoveries for different reasons,here's hoping we are smack bang in the middle of the sweet spot with more successful wells to come soon.

    Even more eyes will be on our upcoming SE-2 drill now and lots more pressure..... hopefully from gas below trying to escape

    GLTA
 
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