Mith
They are a contractor, still plenty of juniors chasing the shale dream.
It has a place in gas production, but long term we just don''t know what deliverability of shale gas is. Talk in Qld is that a lot more wells will be needed than forecast ( look at TTN recent presentation - still think a bit of hope in their share price, but got in low $1 so will hold ) .
Offshore wells whilst they cost a lot more, flow stronger and for longer. The NWS is most likely still using some original wells drilled ( albeit would have been worked over many times and are well into a long decline )
Will a shale well be flowing at commercial rates in say 5 years time - we don't know.
Baraka
Mith They are a contractor, still plenty of juniors chasing the...
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Last
$1.38 |
Change
0.030(2.22%) |
Mkt cap ! $1.075B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.39 | $1.34 | $4.466M | 3.266M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15786 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 1601 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |