It actually works the other way around. If a company encounters hydrocarbons , they announce it right away and they are required to. Then they go about assessing all the physical attributes of the well and that process takes days and weeks. If it is not done this way, information leaks usually from crew changes, specialist testing crew mobilisation etc .
Alternatively, they might drill into the top of the prognosed reservoir , encounter no hydrocarbons , drill on down for a while to see if reservoir is coming in low to prognosis , then make an announcement.
- Forums
- ASX - By Stock
- BRU
- Ann: Currajong 1 Exploration Well - Operations Update
Ann: Currajong 1 Exploration Well - Operations Update, page-113
-
- There are more pages in this discussion • 22 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 BRU (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.61M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.6¢ | $1.033K | 22.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 504145 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 166706 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 504145 | 0.045 |
1 | 22727 | 0.044 |
4 | 316870 | 0.043 |
4 | 130259 | 0.042 |
2 | 110000 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 166706 | 1 |
0.048 | 424464 | 3 |
0.049 | 204551 | 4 |
0.050 | 25500 | 1 |
0.052 | 175950 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
Featured News
BRU (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online