ADX 0.00% 13.5¢ adx energy ltd

Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-232

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,300 Posts.
    lightbulb Created with Sketch. 2781
    I think you need to read the announcement again. To say we have hit the target is erroneous.

    We've already penetrated the targeted reservoir/formation and that is where the 115m of liquids rich gas was identified. The company has already taken a 7m core sample from the target.

    What we're waiting on is the results of the electric wireline logging, additional fluid sampling and pressure testing which will assist in proving up the commerciality of the well pending the flow test.

    https://hotcopper.com.au/data/attachments/6044/6044593-bbca38e28cc1894c1246bbd3e7f06e5b.jpg





 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
0.000(0.00%)
Mkt cap ! $76.81M
Open High Low Value Volume
13.5¢ 13.5¢ 13.0¢ $163.2K 1.213M

Buyers (Bids)

No. Vol. Price($)
1 9144 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 789089 8
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.