STX 4.65% 20.5¢ strike energy limited

JAWS1 spud date, page-18

  1. nip
    350 Posts.
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    My understanding is that the gas surge was in the vicinity of 400-500mscf. It apparently went up one well head and bounced back down to the other well head. I don't believe it caused any damage, only stuffed up the down hole pressure. Not a great issue as far as the company is concerned. In fact a great sign as it indicates the potential JAWS. The delay I believe is that they need to stabilise the downhole conditions. This should not take long and I believe that D-Day will be very soon.
 
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