FAR 0.00% 51.5¢ far limited

Contingent wells, page-51

  1. 13,603 Posts.
    lightbulb Created with Sketch. 4672
    "If they do the "bonus" fourth well are people now expecting a pause (of a few months perhaps) after that to consider the data so that the best locations for further SNE appraisal wells can be established post-rersults and new siesmic?"

    Hi H I'm expecting them to drill as many contingent wells as is required to achieve a commercial result, that could be from 1-3 more, if Bellatrix comes in with both formations then one more well could do it, after that it will likely be next year before the next drilling program, hopefully some development wells.

    At some stage they have to do interference testing and I'm not sure at what stage or how that happens , Ya or JP might help on that but it will be a requirement to achieve a commercial result, they put guages in SNE 3 and have planned to put them in BEL 1 ......

    Cheers Whisky
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
51.5¢
Change
0.000(0.00%)
Mkt cap ! $47.59M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 6629 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
51.5¢ 47887 2
View Market Depth
Last trade - 10.02am 08/11/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.