2300 barrels per day, page-12

I buy shares today.

oil price up 2.15% tonight, good news for STU.

Also, I firmly believe STU can achieve production of 350k barrels of oil in current financial year, based on 1000 bod--( actually the new well alone may produce more than this figure)

350k barrels of oil, means we can definitely make another $6.7 million profit in current financial year---10c EPS.

So fair value of SP should be at least $1.00.

the 20 TCF Coal Seam Gas also give STU a huge potential, even if only 2 TCF can be drilled out by STU, that's $12 billion!!!

So the CSG can give us an extra 5--10 baggers potential.