Free ride? I doubt it. We probably have to pay our share (8-13% per well) of the well cost $3.6million.
However the Balder-1 had a 30Day IP of 800+ compared to 90osh for AOK verticals. So our share of production is similar for approx 60% of the cost.
Probably more valuable is the education.
Also booked reserves will get a good kick along at minimal cost. I assume since the land is shared on our lease, then positive results can be assigned to us for SEC reserve calculations.
Free ride? I doubt it. We probably have to pay our share (8-13%...
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $3.005M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $650 | 248.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 14456657 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 4065000 | 4 |
View Market Depth
| Last trade - 16.10pm 10/07/2025 (20 minute delay) ? |
| AOK (ASX) Chart |