EXR 0.00% 11.0¢ elixir energy limited

The prospective DD3 with it's deviated angle approach to test a...

  1. 2,186 Posts.
    lightbulb Created with Sketch. 1178

    The prospective DD3 with it's deviated angle approach to test a broader coverage area will be an interesting comparison.
    If commerciality is warranted at say 3-3.5 from a vertical (and much cheaper) well, then you'd assume the deviated approach would yield better results, and then a full blown horizontal and much more expensive approach, would yield even better results.

    As Neil has said in his various vide interviews, economic attractiveness is a product of a number of variable cost inputs calculated against the new "floor" price of $12AUD GJ (for domestic) and then, potentially, more for offshore LNG sales.

    Over a 500+ well program across our ATP, incremental savings and efficiencies then extrapolated at scale turn into very significant numbers (good and bad!). The number crunching on both sides of a prospective asset sale would be very interesting to observe!
    Last edited by Wonkers: 11/04/24
 
watchlist Created with Sketch. Add EXR (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.000(0.00%)
Mkt cap ! $124.7M
Open High Low Value Volume
11.0¢ 12.0¢ 11.0¢ $115.8K 1.025M

Buyers (Bids)

No. Vol. Price($)
21 862431 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 476767 10
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
11.5¢
  Change
0.000 ( 4.55 %)
Open High Low Volume
11.3¢ 11.5¢ 11.0¢ 693132
Last updated 15.59pm 16/05/2024 ?
EXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.