On the 15th WEL announcement stated 10 days to drill White Hat 20#5 in the Mustang Field. This should be completed by Monday.
On the 19th WEL announced 80bbls swabbing rate from Arledge 16#2 with fracking in the next 2 weeks, Monday marks a week.
We should see consistent news flow here and within a month may well be flowing net rates over 300bbls/d, not bad considering they were only doing 54bbls a day in Q1
Given management run this on the smell of an oily rag more revenue directly equates to more drilling and development hence production growth.
Ann: Commencement of Drilling of First Development Well- Mustang, page-8
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.089M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18149325 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 12168592 | 3 |
View Market Depth
| Last trade - 16.12pm 08/08/2024 (20 minute delay) ? |
| WEL (ASX) Chart |
Day chart unavailable