This from their announcement the other day:
"2.Chance of discovering gas and proving a developable resource size in theprimary target of the Kingia and High Cliff Formations is 69%."
The other things that may have gone largely unnoticed are that:
1.Strike’s West Erregulla-2 well ideally placed within the evolution of the NorthPerth Basin to test three standalone and exclusive conventional oil and gas sequences.
3. New tertiary Jurassictarget in the Cattamarra will test a potential material oil play, with runningroom throughout permit.
More to this than a one hit wonder. Does this factor into their 69%?
Probability, page-7
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