so looking at this clinically, there is news in the market that has not been released via an ASX announcement, namely the X2 is a non commercial as far as a conventional well is concerned. That has not been released by sagasco which is unforgivable and maybe illegal IMO. What we do know from the strachan report, is that we do have a significant tight gas discovery in the first 2 x zones, one could conclude that this may be very significant in the medium to long term but may be a project for players with deeper pockets than the partners. Also what we know is that the G zone is likely to be a significant conventional gas discovery but un tested at this stage. we should not be hearing this from Peter Strachan...
XST Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held