No debate, U4 was stuffed. Not sure U3 was screwed up, as it happened, it was drilled in wrong place, but could not have been foreseen.
Positives on oil side:
- U4 & U5 both hit oil. Following FW hit. Every confidence for U-W as it’s in the middle.
- The ST will retrieve the situation at U4
- U5 artificial lift going ahead, a successful producing well.
- FW converting to successful producing well, implying U3 WI successful.
- 3 other high impact, higher risk wells to follow
Remaining Mystery:
U-N ?? No word on how they wish to proceed. Seems to demand further attention to me...
Overall, market appears comfortable with today’s modest offering.
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7.8¢ |
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Mkt cap ! $52.36M |
Open | High | Low | Value | Volume |
7.9¢ | 7.9¢ | 7.8¢ | $8.207K | 103.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 40604 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 22 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 40604 | 0.078 |
2 | 19722 | 0.076 |
5 | 131333 | 0.075 |
2 | 17513 | 0.074 |
1 | 250000 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 22 | 1 |
0.080 | 7800 | 1 |
0.083 | 35365 | 1 |
0.084 | 49000 | 1 |
0.085 | 50000 | 1 |
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