From what I can gather flow is all about the porosity. They have good to excellent porosity . This should flow like a river imo.
https://themarketherald.com.au/sacgasco-asxsgc-and-xstate-resources-asxxst-hit-more-key-objectives-in-california-2021-03-15/
- Sacgasco (SGC) has hit 92 feet of net gas pay at its key onshore Borba 1-7 well in the Northern Sacramento Basin, California
- Sacgasco has drilled the well to 5510 metres with joint venture partner Xstate Resources (XST) and received important petrophysical logs from the area
- On top of the 92 feet of gas pay, the oil and gas companies have reported "good to excellent" average zone porosity of between 14 per cent and 27 per cent
- The companies are now making preparations to drill out towards the Guinda Sandstorms area, which is the second objective in the key drilling program
- Once the drilling program is complete, Sacgasco will own 66.67 per cent of the Borba well, and Xstate will own the remaining 33.33 per cent
- Shares in Sacgasco are up 4.4 per cent this afternoon to 9.5 cents each, while shares in Xstate are trading grey at 1.5 cents per share
- Forums
- ASX - By Stock
- XST
- Ann: Strong Gas Shows Continue at Borba Discovery
Ann: Strong Gas Shows Continue at Borba Discovery, page-308
-
-
- There are more pages in this discussion • 256 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 XST (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $3.215M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $192 | 19.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 333786 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.010 |
3 | 593705 | 0.009 |
8 | 1805469 | 0.008 |
3 | 1228710 | 0.007 |
2 | 416833 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 333786 | 3 |
0.012 | 780813 | 3 |
0.013 | 250000 | 1 |
0.014 | 272815 | 1 |
0.015 | 460900 | 2 |
Last trade - 13.15pm 19/07/2024 (20 minute delay) ? |
Featured News
XST (ASX) Chart |