I have been thinking for some time what flow rate MMSCFPD is considered to be commercial so I emailed Neil last night.
I can say this, EXR have not formally advised the market what they consider would be a commercial rate at DD-2 but they will certainly be commenting on this in the months to come.
Many factors feed into this: gas price; transmission costs to market; expected production shape; opex; future well costs and savings over time; fiscal system; expected cost of capital. etc.
I think it will be far to say that Neil and the team are number crunching as we speak so that the day that the final flow rate calculation is determined they will be be able to declare if DD-2 is commercial and then inform the market.
IMO watch this space and enjoy the ride.
I can't think of a more exciting junior energy stock to be in right now!
- Forums
- ASX - By Stock
- Ann: Daydream 2 Impressive Initial Flow Test
I have been thinking for some time what flow rate MMSCFPD is...
-
-
- There are more pages in this discussion • 70 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 EXR (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
-0.008(6.98%) |
Mkt cap ! $116.2M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $300.3K | 2.937M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 1304374 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 1236800 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 1304374 | 0.100 |
2 | 57298 | 0.099 |
3 | 154020 | 0.098 |
3 | 129668 | 0.097 |
4 | 930000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 1236800 | 7 |
0.110 | 42451 | 3 |
0.115 | 197911 | 4 |
0.120 | 226939 | 5 |
0.125 | 341333 | 4 |
Last trade - 14.02pm 30/07/2024 (20 minute delay) ? |
Featured News
EXR (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online