Fair enough 'bhutos', although to be fair, OBL did get about a cupful of oil out of Backreef.
I said at the time and many times since, they need to drill much, much deeper - down to the 'Go Go' formation. Recently, if I remember correctly OBL acknowledged the need to drill deeper, in an announcement. They may find oil and/or gas at the deeper levels. Or, they may not. That's the O & G game.
As for the Derby block - I thought it backed onto BRU's huge gas find called 'Valhalla'?
So OBL has a good chance of finding oil and gas, once this Native Title story is sorted out.
Anyway, enough from me for one day.
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.40M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.3¢ | $3.883K | 117.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 53750 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 527703 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 53750 | 0.032 |
7 | 1133612 | 0.031 |
4 | 922332 | 0.030 |
2 | 58461 | 0.028 |
1 | 90442 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 527703 | 3 |
0.034 | 1031130 | 3 |
0.035 | 1095348 | 2 |
0.039 | 87262 | 1 |
0.040 | 2400000 | 3 |
Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
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