re: ** corybas 1 - is it risky? ** Hi,
The only comment I have is that ARQ has had an extremely high success rate when drilling for gas and oil, especially when using 3DSeismic. From memory success rate of something like 6/7 for gas and 3/5 for oil or close to, can't remember exactly. What does that say to you?
I don't know, to me it says either that:
1. There is a big crap of oil & gas in the Perth Basin that's still there to be discovered.
2. That there has been little drilling for oil and gas there or
3. That they have been extremely lucky.
What is your view re their high success rate?
lost their oil, page-32
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 5GN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 14.0¢ | $12.50K | 85.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 78109 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 2003484 | 21 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |