I recieved this note from a mate who has been following the cue developments.
"Cue are sitting on this monster in Indo. Big oil column .. its a real hot reservoir which is burning out the logging tools ... its real deep ca. 5300m. Thats why its gone from 9c to 29c !! They are having a tough time as they cant see anything on the logs, so its back to what the boys did in the 40's ... test. They will be testing in the next few days. It'll probably flow water as they are starting at the bottom and will work their way up until they find the oil water interface."
Also explains some of the delays.
pet eng expertise required
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Last
10.3¢ |
Change
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Mkt cap ! $71.61M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1106013 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 261263 | 3 |
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| Last trade - 16.12pm 19/11/2024 (20 minute delay) ? |
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