SHE 0.00% 1.0¢ stonehorse energy limited

Ann: Canadian Operations Update - Expect Production to Sales- Oct, page-129

  1. 1,893 Posts.
    lightbulb Created with Sketch. 110
    https://boereport.com/2023/06/14/wapiti-cardium-horizontal-drilling-opportunity/

    Found the original source of info for the Gryphon well.

    Originally posted on 14-June-2023.
    Private oil and gas company has a Cardium light oil horizontal drilling opportunity available for farm-in. Six sections of 100% Crown lands available (T65R8W6) for horizontal Cardium oil development at six wells/section. Farmor willing to operate and participate to 25% WI. First horizontal well directly offsets a thick (10.5 m), porous (9.5%) Cardium upper shoreface sand and is scheduled to be drilled Q3 2023. Type curve recovery 240 mboe/well, 1.4-1.5 mmboe/section. Queries to be made to [email protected].

    This exactly matches the description of the Gryphon well announcement,

    SHE raises money on the ASX and David deloub and his team find wells for us such as this one.

    Each section has 1,400,000 to 1,500,000 BOE equivalent, if profit is 60$ usd, then this could be extremely profitable. and Stonehorse the option of 3 sections.

    do the maths yourself.

    Note: mmboe= 1millin boe.


 
watchlist Created with Sketch. Add SHE (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $6.844M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
9 2537321 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1766700 4
View Market Depth
Last trade - 16.12pm 31/05/2024 (20 minute delay) ?
SHE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.