I feel like we could do a couple of things to reduce the risk at Lightning re: condensate production:
1. Purchase a 10,000 bbl storage tank or something of scale and only sell into a contract that is positive. It is volatile at the moment should be able to put in some orders to get snatched up on volatile days.
2. Shut-in/restrict some of the perforated zones that is producing the condensate. Not a geo but believe it might be possible to reduce condensate somewhat by performing this.
3. Pray for better days
I feel like we could do a couple of things to reduce the risk at...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.95M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $72.25K | 6.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 9366232 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4532067 | 7 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |