Hi Trumpster101 and others who may be interested,
I've Posted below in the following Slides my review of the ASX 25/3/24 - Amistad Unit 1B McDaniel's Resources assessments.
Slides 1 & 2
These cover my notes on the release.
Key items as noted on the Slides:
1 Key Conclusions
2 Amistad Unit 1B is described as "heavily fractured, porous and oil filled" - thus, would strongly expect that McDaniel has included the fracture volume in their estimates.
Slide 3
An estimate of the area that 1sqkm with 350mTDV thickness of net pay would cover with likely average parameters for Unit 1B = 1.45sqkm. Did this as a sense check for my conclusion that McDaniel's were very likely only looking at a very small area.
An estimate of the potentially recoverable resources for the current "full" Unit 1B area of 12.6sqkm ~400MMBO. This is the 100% JV number, therefore MAY's 30% = 120MMBO.
Slides 4, 5 & 6
Amistad Unit 1B maps with areas as noted.
Slides 7 & 8
Back-up Slides re: calculation in Slide 3
GLTAH
Cheers
VOGC
- Forums
- ASX - By Stock
- Ann: Block 9 - Maiden Contingent Resources
Hi Trumpster101 and others who may be interested,I've Posted...
-
-
- There are more pages in this discussion • 90 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
4.8¢ |
Change
0.008(20.0%) |
Mkt cap ! $161.7M |
Open | High | Low | Value | Volume |
4.1¢ | 4.9¢ | 4.1¢ | $834.0K | 18.73M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48202 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 2114504 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48202 | 0.048 |
5 | 618276 | 0.047 |
2 | 540000 | 0.046 |
1 | 44824 | 0.045 |
2 | 350000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 2014504 | 4 |
0.050 | 46833 | 2 |
0.053 | 35000 | 1 |
0.055 | 11000 | 1 |
0.060 | 539500 | 4 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |