Interesting you say that. Eric said in his investor briefing this morning (or to the effect of):
"The price of gas in WA is now approaching that of oil on a contained energy basis"
and on the Frankland gas discovery, on whether it was commercial:
"It appears to be for us as we can put a sub-sea hub and pipe it to our existing processing facilities at Dongara, but this may not be the case for other participants"
Note that Arc's percentage of the current Perth offshore drilling campaign has increased dramatically.
gas the new green fuel, page-2
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.5¢ | $8.489K | 56.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 795255 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 112274 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |