J50 tested at 360 BOPD before fraccing.
"Long term production rates are being established and the well is currently producing on choke at 360 bopd."
I guess we will have to wait to see what she will flows at once fracced.
"Commenting on the mid-Triassic flow rates, JPR Executive Chairman Geoff Gander said, "The Company is delighted to achieve this result. Lessons were learned from the J-50 completion and testing program and we believe the J-52 flow rates are more representative of the mid-Triassic reservoir on Block 31. The Company looks forward to confirming a stabilised flow rate once it has been established. Congratulations to the entire operations team in Aktau for achieving this significant result."
Lets just hope those lessons were really learnt. As for the trading today..there were some big buyers and I believe she is way too cheap based off current 2P reserves. Lets see if the 52 week high is tested tomorrow.
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Last
2.5¢ |
Change
-0.002(7.41%) |
Mkt cap ! $31.86M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $1.884K | 75.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24648 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 290383 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24648 | 0.025 |
1 | 125000 | 0.022 |
3 | 264889 | 0.016 |
1 | 10000 | 0.010 |
1 | 250000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 290383 | 1 |
0.037 | 399000 | 1 |
0.045 | 22675 | 1 |
0.050 | 170000 | 1 |
0.055 | 35000 | 1 |
Last trade - 10.21am 01/10/2024 (20 minute delay) ? |
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