Pancontinental General Manager, Matthew Battrick said: “Preliminary analysis of the wireline log
and pressure measurements by the Operator suggests low hydrocarbon saturations over the
interval containing the strong mud gas shows between 2240 m to 2260m MD. These Lower
Anderson Formation sands and their lateral equivalents are the primary target of the Stokes Bay 1
well, which will target them in a more crestal location on the structure. The Stokes Bay 1 well will
be drilled following Valentine 1.”
“The strong mud-gas shows in the deeper Laurel Fm (2400 m to 2470m MD) are interpreted by
the Operator as being associated with a series of organic rich, tight carbonates and shales. The
significance of this interval will require further evaluation in the Stokes Bay-1 well bore as similar
formations in basins in North America have the potential to produce gas at commercial rates”
Matthew said.
- Forums
- ASX - By Stock
- 5GN
- comments from pcl
comments from pcl
Featured News
Add 5GN (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.0¢ |
Change
0.003(1.69%) |
Mkt cap ! $45.79M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.5¢ | $373.5K | 2.576M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 958412 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 2088176 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 958412 | 0.145 |
11 | 3717984 | 0.140 |
10 | 654132 | 0.135 |
2 | 507699 | 0.130 |
1 | 250000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 2088176 | 34 |
0.155 | 1921389 | 16 |
0.160 | 351210 | 7 |
0.165 | 148400 | 4 |
0.170 | 25000 | 1 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
5GN (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online