The halt was requested on the basis of an article in the Adelaide Advertiser suggesting 1000bbls each for Derrilyn and Reg Sprigg West, throwing out an extra $2.3m a year into STUs coffers. This sort of info has not been released to the ASX as yet-gentle smack coming on behalf of excitable journo. On what has been disclosed to date, understated if it is that sort of production-STU would get around 500 bbls a day in toto,times 320 days, times a margin of $25 equals $4m pa. Cheers,TAS
STU Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
