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Ann: 2D Seismic Identifies Multiple Prospects in Dande Formation, page-97

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Davy Boy

16,576 Posts.

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07/05/24

11:11

Post #: 73700800
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Originally posted by onthepunt: ↑

I think @Portiss meant an upgraded resource estimate?
Had a look back at the previous timelines.
7 April 2022- seismic interpretation identifies new target
12 May- further seismic analysis shows stacked targets
5 July 2022- upgraded prospective resource estimate to 20tcf and 845m barrels

So on that timeline it’s 2-3 months to get the eastern prospects into a new resource estimate.

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Originally posted by barneydigs: ↑

yes that's what I figured. A contingent resource or updated prospective resource. looking forward to that reserve wastage one day though

Expand

I emailed SM he says the co are working on a 2C number.
The issue is how far out they can "project from current well control".
IVZ Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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Ann: 2D Seismic Identifies Multiple Prospects in Dande Formation, page-97

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

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Ann: 2D Seismic Identifies Multiple Prospects in Dande Formation, page-97

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

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