Agree @Fishfinger
That was quotes by GJ during the last few seconds of the interview.
A quick look at the Borba trend it appears to be 1.5km x 3km = 4.5km2 being conservative or around 1,100 acres.
So far we are looking at 100feet of pay in the shallow area - 1,100 acres x 100feet deep x 1000mcf = 10Million mcf = 110BCF (1st zones across the trend, more wells required if proven to flow)
And so on for every 100ft (deep) of pay.... This is yet to be flow tested but it gives us a rough outline to work with as we continue drilling. Remember the Independent Report did not cover the whole trend, it only gave rough estimates of this single Well. It has always been stated as the "Play Opener" for the greater trend....... 1,100acres (conservative area)
Looking forward to the next round of announcements.
JW
Agree @FishfingerThat was quotes by GJ during the last few...
Add SGC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $6.237M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $27.43K | 3.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5814999 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
0.9¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.9¢ | 848866 | ||
| Last updated 15.42pm 26/04/2024 ? | |||||
| SGC (ASX) Chart |