You have added the oil and gas together there joe.
Production from SM71 F1 and F2 wells steady at 2500 bopd and 1400 mcfpd
If the F3 results are as good as expected then I think we’ll see the SP reach a new high. Some investors will be waiting to they see some conclusive flow rates and others will probably hold off a bit longer just to be sure a F2 type drop off isn’t going to happen.
I’m happy to wait now today’s announcement has intermated at least one other drill this year possibly 2 on top of Bivouac Peak.
At 40%+ Cos all round they would have to be terribly unlucky not to strike with one imo.
Ann: BYE: SM 71 F3 Well Update, page-14
Add OEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.001(4.00%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $11.30K | 928.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 12178633 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 14057138 | 21 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| OEL (ASX) Chart |