STX 4.65% 20.5¢ strike energy limited

Ann: Clarification - ASX Announcement 14 January 2019, page-8

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  1. 566 Posts.
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    I agree with you Noel. In fact I am extremely optimistic about Jaws 1 now. My reasoning is that the gas spike ( I can't say blowout) was very localised so as to blow fracking sand back into the borehole. When the whole fracked volume is lowered below the desorption pressure one might expect heaps of gas. I also believe that now management know what can happen they will make sure that it does not happen again. I believe they can do this by simply regulating the rate at which gas is released from the well 
 
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