ADX 0.00% 13.5¢ adx energy ltd

Ann: Anshof Exploration Well Update Operations Report No 4, page-45

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,633 Posts.
    lightbulb Created with Sketch. 1964
    By the wording it sounds like it’s on the low side of resource estimated based on net/gross. Somewhere around 1-2mmboe with upside down dip as thicker reservoirs are expected. I’m assuming we will get 2-3 appraisal/development wells targeting structure downdip at some point in the next year or two. Ultimately the structure could contain over 6mmboe if appraisal is positive.

    It’s a very positive outcome in the end, hopefully flowtests validate this and we get more production.
 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
0.000(0.00%)
Mkt cap ! $76.81M
Open High Low Value Volume
13.5¢ 13.5¢ 13.0¢ $163.2K 1.213M

Buyers (Bids)

No. Vol. Price($)
1 9144 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 789089 8
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.