STU 0.00% 94.0¢ stuart petroleum limited

I believe its a a possible sign for more to come and if its like...

  1. 8,188 Posts.
    lightbulb Created with Sketch. 131
    I believe its a a possible sign for more to come and if its like the Reg Sprigg structure it could come up with the goods.
    The following is from the Santos archives:

    Reg Sprigg-3 is another example of the numerous bread-and-butter oil and gas fields available to Santos throughout the Cooper Basin," Mr Chambers said.

    "This well flowed oil at nearly 3,000 barrels of oil per day (bopd) from two separate zones and gas at 9 million standard cubic feet per day," he said.


    "It is further evidence of how the use of new technology and techniques to increase and maximise the return from the Cooper Basin, is opening up new plays."

    Mr Chambers said the Reg Sprigg-3 discovery has implications for Santos' exploration acreage in South West Queensland and will be followed-up with a 3D seismic survey.


    Other oil successes in 2003


 
watchlist Created with Sketch. Add STU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.