STX 8.33% 26.0¢ strike energy limited

Ann: Significant Upgrade of Kingia Gas Discovery, page-31

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3828
    marvellous .... (quote from the late Richie)

    Net thkness & perm frm the Kingia says it all. FWIW's Waitsia was modelled at 11% porosity & 10 to 100+ mD perm. Fact that at WE-2 Strike had 14% poro & 102mD perm preserved at depth of over 4753m is a good result. Need flowrates next up just like W1, W2 wells next doors.

    Low CO2 of 5.8% is fine.Sad that the washouts in the Highcliff sands made the fluid rec difficult for the MDT tool pressure pads to get a good seal & fluid drawdown. Still 58m netpay in the Kingia (thickest till date) with pending flowrates later in the month is a good result overall for their team.
    Well done to the holders...


    Last edited by Ya: 11/09/19
 
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