Mike
My take on SNE4 is that it is to confirm the presence of the gas sands that are present dipping into the oil leg and productive at SNE3 at an as yet untested eastern location (which in addition is a bit more daring and stepped out a bit from the gas cap). Whether it can also be used for connectivity of these sands with SNE3, maybe, I don't know - they haven't told us. Don't imagine that it can be used to do any connectivity testing of the middle level heterolithic sands at SNE2 as they are not primarily the target st SNE4- too far out.
If the dipping gas sands are successful it will probably add just another increment to the 2C resource eg 10% (that's just a non fully informed pj worked area/net pay guess, since you ask, depends on what assumed already - could be a bit more as its a step out and I'm not sure how much area they would apply it too)
Other opinions may differ
pj
What is the significance of SNE-4, page-3
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.5¢ |
Change
0.015(3.41%) |
Mkt cap ! $42.04M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.0¢ | 45.0¢ | $82.38K | 182.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6834 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 24034 | 5 |
View Market Depth
| Last trade - 15.02pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
45.5¢ |
Change
0.015 ( 1.11 %) |
||||
| Open | High | Low | Volume | ||
| 45.5¢ | 45.5¢ | 45.0¢ | 19079 | ||
| Last updated 15.19pm 22/05/2024 ? | |||||
| FAR (ASX) Chart |