I believe the difference may be explained by the increase in drainage area each time they shut in for extended periods. Therefore they need to pump for a longer period at those peak rates to get the desorption to come on. But when it does come on they should be accessing a greater amount of coal (increased drainage area) and therefore gas rates should ultimately climb to greater rates than they would have previously.
In short, longer to get to desorption but larger EUR's as a result of that drainage area increase.
- Forums
- ASX - By Stock
- STX
- Notes from AGM
Notes from AGM, page-14
-
- There are more pages in this discussion • 45 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 STX (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $515.7M |
Open | High | Low | Value | Volume |
18.0¢ | 18.5¢ | 17.5¢ | $1.632M | 9.095M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 792631 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 1251448 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 792631 | 0.180 |
30 | 2058499 | 0.175 |
36 | 2369082 | 0.170 |
31 | 4224223 | 0.165 |
38 | 1588654 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 1251448 | 9 |
0.190 | 1192665 | 11 |
0.195 | 1127755 | 4 |
0.200 | 794999 | 14 |
0.205 | 240147 | 5 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |