##""Why did STO sell out Mereenie to CTP, indicating that there might not be commercial volumes available, but new Director Sarah Ryan says, "plenty of molecules" at Mereenie, etc ?""##
Good question Ravi. A good question which sadly seems that it goes unanswered though.
Perhaps that question should now be asked to someone on that Board.
What I fail to comprehend is as to why STO would sell out of Mereenie if it was any good when they are always looking for O&G to keep up with their contractual obligations.
I am aware that there are many ways of possibly bringing some of those worn out wells back into production but that it is a very costly exercise (It has been proven in the USA), and it does not always work as anticipated/planned.
##""Why did STO sell out Mereenie to CTP, indicating that there...
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Mkt cap ! $37.74M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $39.37K | 724.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 350627 | 5.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 209525 | 1 |
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