STX 0.00% 21.5¢ strike energy limited

Ann: West Erregulla Update, page-14

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  1. 1,360 Posts.
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    Certainly way too early to write off Jaws, but to suggest that things are going very well would be a huge overstatement.
    The last reported results of the well were significantly different and lower to management's expectations and modeling.

    The thing that went very well for STX was when they managed to save the drill mid way down the hole a few months back. That was an excellent job as the alternative was a total well failure that wouldn't have got to test the resource which would have broken STX.
 
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