Punters..... what about this statement below from today’s Ann.
The Greater Borba‐Dempsey Trend
The Borba Prospect just north of the Willows Gas Field (650 Bcf produced) on an extensive prospective Sandstone trend for Natural Gas in the North Eastern Sacramento Basin. The potential traps mapped by Sacgasco along this trend range from Channel Sands wrapping around structural highs to stratigraphic traps created by sandstones onlapping onto structural highs. Theinterpretationofthe3DdatarevealstrapsthataresignificantlylargerthantheBorbaProspectwitchmulti‐Tcf‐potential. Success at Borba 1‐7 is expected to open‐ up these plays for follow‐up evaluation within the Borba AMI and within JV AMI on trend with Borba.
Some of the data analysis believe there are bigger gas traps that that seen in this Borba Well 1-7 along the trend. Success with this hole will most likely lead to a take over...... noting the land they have acquired.
JW
Ann: Borba Operations Update and Prospective Resource, page-47
Add SGC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $7.017M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.7¢ | $3.653K | 451.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 868001 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.8¢ |
Change
-0.001 ( 11.1 %) |
||||
| Open | High | Low | Volume | ||
| 0.8¢ | 0.8¢ | 0.8¢ | 132404 | ||
| Last updated 15.55pm 10/05/2024 ? | |||||
| SGC (ASX) Chart |