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Re: STX - Strike Oil


Another good announcement. 3rd well cased for production testing. 4th well spudded. First well stable flowing at good commercial rates.


"Gas and oil-condensate continue to be produced to sales at substantial commercial rates. The well has tested at rates similar to adjacent fields where individual wells commonly flow in the range of 5 to 15 million cubic feet of gas per day."


http://www.asx.com.au/asx/statistics/announcementSearch.do?method=searchByCode&releasedDuringCode=W&issuerCode=STX


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