A re-read of the 24 feb workover program announcement is well worth it for a refresher on the potential outcomes of these workovers.
A-2 is a proven suspended well with significant reserves, with strong flow rates on testing (23mmcfd). Seems like a low risk proposition.
A-1 again a proven producer, removal of blockages could open up a further 802 ft of reserves.
In 2010 TEG were producing roughly 10mmcfd, the workovers look to me like they could add several multiples to daily production if successful, add in the Pase renewal and this stock will take off.
work-over program, page-3
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $8.144K | 410.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4230315 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 2113287 | 6 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TEG (ASX) Chart |