STU's agenda has been to generate cash flow from oil(ie Worrior/Acrasia and hopefully one or two more) before getting stuck into its gas targets later this year- with a 250BCF type potential. This is pretty clearly set out on its website.
Once these targets have been tested ,it would join with the likes of INP, BPT,COE et al in developing an independent gas operation.
Looks like Santos left behind a fair few company makers-maybe thats why the withdrew their recent farmout packages!
There is still a lot of value in these babies given success rates to date and the number of prospects/leads beconing!
STU's agenda has been to generate cash flow from oil(ie...
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