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26-06-2008, 10:00 AM
#101
 $$$$$$$$$$$$$$$$$$$$$$$
Yeah looks good aye
looking forward to the discounted Hybrid float STX will be giving to STX Shareholders -Or maybe just first dibs on most of the float ,free att opts will just have to wait and see
STX should also be keeping 20%+ position in the new CTL company to go with there COI holding,nice add-on too operations
STX long term=emerging mid-cap energy company
-You holding yet shasta
Last edited by JBmurc; 26-06-2008 at 10:04 AM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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26-06-2008, 10:16 AM
#102
Hartleys lastest report STX 78cps value nice
Last edited by JBmurc; 26-06-2008 at 10:17 AM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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26-06-2008, 05:55 PM
#103
 Originally Posted by JBmurc
Yeah looks good aye
looking forward to the discounted Hybrid float STX will be giving to STX Shareholders -Or maybe just first dibs on most of the float ,free att opts will just have to wait and see
STX should also be keeping 20%+ position in the new CTL company to go with there COI holding,nice add-on too operations
STX long term=emerging mid-cap energy company
-You holding yet shasta
Not at present, but as you can see am still watching closely.
Always liked STX, & probably should have kept them!
Rayburn update
http://www.stocknessmonster.com/news...E=ASX&N=411545
Last edited by shasta; 26-06-2008 at 06:08 PM.
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10-07-2008, 09:40 PM
#104
6mill per month soon ??
"Strike Oil's revenues are forecast to exceed $4 million for July as a consequence of the increased production at Rayburn and the high oil and gas prices received. With two wells awaiting testing at Rayburn and four to six new development and exploration wells to be drilled in the Gulf Coast before the end of 2008 we should see revenues increase during the year providing oil and gas prices do not decrease substantially below current levels
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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23-07-2008, 02:49 PM
#105
Should have brought more at 28.5c
Latest news-------------------------STX cashflow growth looking better ever week
RAYBURN PROJECT
SUCCESSFUL DUNCAN 3 TEST RESULTS LIFT PRODUCTION
Strike Oil is pleased to announce successful flow test results from its Duncan 3 well which have significantly increased production at the Rayburn Project in the Gulf Coast, Texas.
• Duncan 3 outstanding flow rate adds 10 million cubic feet gas and 234 barrels oil-condensate per day.
• Gross production from Strike Oil’s projects in the Gulf Coast (Rayburn and Mesquite combined) at 38 million cubic feet of gas and 900 barrels of oil-condensate per day.
• Strike Oil’s net production 8.8 million cubic feet of gas and 214 barrels of oil-condensate per day.
• Hlavinka Gas Unit 1-1, intermediate casing set prior to drilling ahead.
WELL TESTING
Duncan 3
The flow testing of Duncan 3 has been completed. The following information will be reported to the Texas Railroad Commission, the state regulatory body, on Wednesday, Texas time.
Gas Rate: 10.1 million cubic feet per day
Oil-Condensate Rate: 234 barrels per day
Flowing Tube Pressure: 5,984 psia
Choke Size: 17/64 inch
Two further wells, Gilbert Freeman 2 and 3, are awaiting facilities installation prior to testing commencing.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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23-07-2008, 07:02 PM
#106
Member
Bought in at 29 cents, yonks ago it seems, it seems to be only one of the companies that I own that actually announces results.
A long termer for me.
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25-07-2008, 07:48 PM
#107
Nice
HIGHLIGHTS FOR THE QUARTER
• Oil and gas revenue for the quarter was $9.22 million, up 165% on the
previous quarter;
• Gas production was up 88% for the quarter and oil condensate production
increased by 129%;
• Four Rayburn wells successfully tested and brought onto production (one
subsequent to end of quarter);
• Rocky Mountains assets sold for US$2.5 million - proceeds redirected to
focus on highly successful Gulf Coast programme;
• US$11.7 million debt facility secured with Commonwealth Bank of Australia
Ltd;
• Further development drilling planned for Gulf Coast - fully funded from
operating cash flows and bank facility;
• 2008/09 revenues now targeting between $50-55 million - up from previously
reported range of $35-40 million.
Managing
Great result IMHO 08/09=50m+ revenue for a 100mill Mrkcap STX nice
Last edited by JBmurc; 25-07-2008 at 07:50 PM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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26-07-2008, 10:00 AM
#108
Wrong company AA STX strike oil
Originally Posted by absolut-advance
However is Currently Range Bound...
Yawn... Hold your Fire!
AA
Would be great to see a chart and your view on STX strike oil AA
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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26-07-2008, 11:21 AM
#109
The biggest driver of weak short term selling in STX is from the massive dive in US Nat Gas price from just under $14 to now $9 this will soon change once winter draws nearer as will STX Gas flows which are increasing ever month massively
Also-an annoucment on drilling -Baniyas- WA where Gas is in huge demand
Ravoli production-also in WA................
late 08 STX $1sp P/e-10
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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11-08-2008, 08:11 PM
#110
Member
Good day today, up one cent, back to 28.5, hopefully it will be back into the 30's in no time. I cannot see why the price is so low, the last half dozen annocuments have been good ones.
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