Assume the increase in buyers and uptick in price yesterday and today augurs well for the Analysis due any moment now: "Carpentaria-1 Core Analysis Analysis of the 50 sidewall cores taken from the most promising target horizons of the Velkerri Shale is underway at the W.D.von Gonten laboratories in Houston,Texas. Detailed analysis of each core will establish porosity, permeability, mineralogy, axial strengths and other properties relevant to the productivity of these shales and their likely response to hydraulic stimulation. These results will be integrated with and calibrate the downhole log data sets acquired by Schlumberger. Information developed from these datawill then enable a more refined definition of the Velkerri Shale stratigraphy and lead to optimum strategies for fracture stimulation and flow testing planned for Q22021.The final set of core analyses is expected in mid-January.Updated Resource Assessment Following receipt of the final core analysis results"
EEG Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)