on balance this is definitely positive news (imo), but I can't help but think back to Winx (I think it was) where Dave released a very dubious Ann to market re: LWD which everyone interpreted as a successful find - only for it to be plugged and abandoned after further testing.
as I've posted before, I have never held a specie that HAS found oil. can anyone who has offer any insight on the phraseology used in this announcement?
eg, the following statements in particular give me pause. everything else seemed ok?
- 'fluorescence ranged from relatively weak to moderate 'dry' fluorescence with slow to moderate sometimes fast streaming cut when exposed to solvent'?
-mud gas peaks also recorded, although generally not of the same scale of the increase in total gas above background as that seen in analogue wells?
I have no real opinion of this and can only speculate. asking anyone who may have been there for a 'find' before to chime in, if willing and only for interests sake.
good luck to all
Ann: Operations Update, page-64
-
- There are more pages in this discussion • 255 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 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $72.33M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $634 | 213.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 150 | 166689125 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 601425897 | 251 |
View Market Depth
| Last trade - 10.00am 11/10/2024 (20 minute delay) ? |
| 88E (ASX) Chart |