You need to understand both of these companies in much more...

You need to understand both of these companies in much more detail to be able to comment accurately.

Explain how you think WGO should have a similar market cap ?


STX have the operated position for a start - that alone adds significant value to STX's 50% share of WE-2, They have significant run-room in the perth basin that is prospective for the same plays (WGO have some ground to the north that is not in the trough). STX have a major cooper basin play in pilot stage that is on the cusp of desorption for commercial flows (WGO is a LONG way from having any other project in play). STX's cooper project would delineate 11TCF of gas into the east coast market. They have other conventional and non-conventional plays in the perth basin plus prospective oil ground in the cooper.

And they have a far superior management that has done an exemplery job so far (IMO)

STX SHOULD be trading at more than double the market cap of WGO, and probably a lot more than that