I asked Cath that very question last week, and the answer was a definite no. Cath said the are chasing a location as close to the crest of the structure as possible. They can't drill right on the crest due to some gas above or something like that. They are trying to prove up as many barrels as they can with this well, so Bambo is for another day.
They have a 1 well commitment with the Drillmax and also have a +1+1 well option if needed. Apparently they are going to try to sell the second slot to another company if possible, leaving the 3 slot available to them if they need/want it for any appraisal well.
Also, they confirmed that there is no chance of flow testing the Samo 1 well if successful.
Cheers.
Tones.
- Forums
- ASX - By Stock
- FAR
- Samo 2 for 1?
Samo 2 for 1?, page-3
-
- There are more pages in this discussion • 11 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 FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
47.0¢ |
Change
-0.015(3.09%) |
Mkt cap ! $43.43M |
Open | High | Low | Value | Volume |
47.0¢ | 47.5¢ | 47.0¢ | $9.995K | 21.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 82233 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32022 | 0.470 |
1 | 50000 | 0.465 |
1 | 50000 | 0.460 |
1 | 1822 | 0.450 |
1 | 3000 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 50000 | 1 |
0.485 | 50000 | 1 |
0.490 | 54000 | 2 |
0.510 | 100895 | 2 |
0.520 | 225286 | 3 |
Last trade - 15.00pm 27/09/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |