It's fine if that is the breakeven rate for a 1.5billion dollar project with 100 wells but this is not going to get anywhere near that sort of funding in the first few years even BPT couldn't afford it so the FID would need to be based on a few wells that would able to achieve it a profit to potentially drill more wells in the future. I'd say they need around a 5 to 10 Mcfpd for the project to be viable as nobody is going to pump money into this to break even.
Ann: Daydream-2 Operations Update, page-139
Add EXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $124.7M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.8¢ | $131.7K | 1.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 494634 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1632 | 1 |
View Market Depth
| Last trade - 15.50pm 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
10.8¢ |
Change
-0.005 ( 2.27 %) |
||||
| Open | High | Low | Volume | ||
| 11.5¢ | 11.5¢ | 10.8¢ | 759091 | ||
| Last updated 15.51pm 04/06/2024 ? | |||||
| EXR (ASX) Chart |