re: Ann: ORI: Gas Supply Agreement with Strik... Great news.I...

re: Ann: ORI: Gas Supply Agreement with Strik... Great news.

I like the fact that the expanded programme of activities, drilling, stimulation and production testing, will be concurrent with the planned frac stimulation operations scheduled. It sounds like they are really going to get on with the job. The sooner and quicker the better for me, before someone decides that STX is a bargain,

I was surprised when the large seller at open was prepared to let the whole parcel go at 12.5c. The new seller for 916k at 13c certainly added weight to the sellers, and now that the buyer for 1m @12.5 has pulled there is only 1m more bids than asks. The sp is a bit disappointing considering the news. At least there have been a few buyers at 13c. And while I am typing someone wiped out all of the bids at 12.5.

As Ya said the other day, as news is announced of the contract of rigs, their arrival at the site and progress reports, the sp should progress upwards.