ADX 3.61% 8.6¢ adx energy ltd

Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-232

  1. 2,290 Posts.
    lightbulb Created with Sketch. 2766
    I think you need to read the announcement again. To say we have hit the target is erroneous.

    We've already penetrated the targeted reservoir/formation and that is where the 115m of liquids rich gas was identified. The company has already taken a 7m core sample from the target.

    What we're waiting on is the results of the electric wireline logging, additional fluid sampling and pressure testing which will assist in proving up the commerciality of the well pending the flow test.

    https://hotcopper.com.au/data/attachments/6044/6044593-bbca38e28cc1894c1246bbd3e7f06e5b.jpg





 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
8.6¢
Change
0.003(3.61%)
Mkt cap ! $48.84M
Open High Low Value Volume
8.7¢ 8.7¢ 8.5¢ $7.571K 87.93K

Buyers (Bids)

No. Vol. Price($)
2 762667 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 249770 1
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.