SXA
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0.00% 7.0¢ strata-x energy limited

Ann: Maiden Illinois Vertical Well Program, page-4

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  1. Spozzie
    1,797 Posts.
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    22/09/14
    12:24
    Post #: 14009327
    Seems (implied) they are cashing 300BOPD x 3 wells. Looks like spudding in two months.
    Total margin chasing = USD16M pa (based on 300BOPD x 3 wells) less well costs.
    Market cap = AUD22M
    SXA Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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