What do you think the timeline is for this? Within the next 2-3 years????
Hopeful next steps
• oil is definitely very good and under high pressure at around 3,500m
• decision to bring on deeper oil as priority
• this will require some serious transport - ideally a pipeline - but trucks will have to do for now
• pipeline plans mobilised
• plan to get shallow oil at later date
• serious possibility of a takeout offer for initial wells - min 30 cents - hopefully 50+
• saving further exploration in block 9 for later
Ann: Block 9 - Maiden Contingent Resources, page-119
-
- There are more pages in this discussion • 335 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $116.2M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.6¢ | 3.3¢ | $517.3K | 15.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 533434 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 1333430 | 12 |
View Market Depth
| Last trade - 14.34pm 28/06/2024 (20 minute delay) ? |
| MAY (ASX) Chart |