The $ per GJ looks right but the quantity of the gas produced is less than I expected.
If they produced 4 million cubic feet raw gas a day, this gives 4220GJ a day or 160,360GJ (0.16PJ) for 38 days. VEN's share would be 0.08PJ raw gas. If we assume 20 per cent impurities, this gives 0.064PJ processed gas. Either way, one well is not enough to cover the costs.
- Forums
- ASX - By Stock
- MEL
- Ann: Two Wells Online as Vali-3 Commences Gas Production
Ann: Two Wells Online as Vali-3 Commences Gas Production, page-90
-
- There are more pages in this discussion • 5 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 MEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $6.244M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.5¢ | $14.96K | 2.992M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 13713050 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 51000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 13713050 | 0.004 |
8 | 15262019 | 0.003 |
5 | 16775010 | 0.002 |
2 | 45500000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 51000 | 1 |
0.006 | 5303007 | 14 |
0.007 | 2330463 | 4 |
0.008 | 1039391 | 2 |
0.009 | 80000 | 1 |
Last trade - 15.48pm 26/06/2024 (20 minute delay) ? |
Featured News
MEL (ASX) Chart |