GDY will require 6 rigs - likely to be structured as one or two more owned, and the rest leased. I recall that the announcement regarding this statement mentioned the desire to own as few rigs as possible (huge amounts of capital tied up in these beasts was never part of the business plan).
Good to see the 5000m announcement - identifying a deeper reservoir zone at this early stage would be highly encouraging.
Ilan, you stated "The plan is for 80 [wells] in 10 years". Where did you get this figure? It conflicts with the estimate given by the company, both publicly and in conversation.
Cheers
- Forums
- ASX - By Stock
- RNE
- 3 new rigs
3 new rigs, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.690M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $4.809K | 2.335M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 11361363 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 14567796 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 11061364 | 0.002 |
114 | 157791461 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 14567796 | 21 |
0.004 | 3253578 | 7 |
0.005 | 3201800 | 4 |
0.006 | 269000 | 1 |
0.007 | 2481088 | 3 |
Last trade - 15.59pm 18/10/2024 (20 minute delay) ? |
Featured News
RNE (ASX) Chart |