Agentm,
in about 9 days time hopefully I will have a lot more answers.
In my mind to increase their w/i in this current well and the sorounding 1280 acres plus pay 75% of the costs for the lateral/frac etc will cost antares $4m+.
Now thats about 1/3 of their current capital raising.
All I can say is they must be confident.
Richard Elliott a former director of arc energy has entensive experience in the oil/gas industry.
James has a strong background in finance.(ceo)
Lets hope hes good at raising cash as they are going to need a whole pile of it.
All the best.
- Forums
- ASX - By Stock
- AZZ
- edwards limestone
edwards limestone, page-19
-
- There are more pages in this discussion • 6 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
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla