STX 0.00% 23.0¢ strike energy limited

It says to me that the oblique fault that is west of SE-1 is...

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    It says to me that the oblique fault that is west of SE-1 is non-sealing as the STX team suggested, meaning that there is a higher chance of hydrocarbons being present at SE-2.

    "The primary objective of the SE2 well is to add to the existing independently certified 128 PJ of 2P Reserves via the conversion of the 178 PJ of 2C Contingent Resources to 2P Reserves by proving continuity of the field updip and on the western side of a small oblique fault which divides the existing Reserves and Contingent Resources. Strike interprets this small oblique fault as a non-sealing fault (similar in nature as those seen throughout the West Erregulla gas field) and will allow for communication between the reservoir on either side"

    (South Erregulla Update 15/06/23)
 
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