Afast-tracked resource upside evaluation program certainlymarries-well with these market comments from in early 2020: Vali-1 discoveryannouncement. I like where is going. Vali-2
- Potential gas pay was also calculated in both the secondary Toolachee target and the Triassic age Nappamerri Group, with oil shows also observed in the Jurassic age Westbourne and Birkhead formations with good sand development.
- Downhole MDT sampling recovered gas from the Nappamerri Formation, adding weight to the potential indicated by good gas shows through this interval.
- The Vali-1 location is mapped at the edge of, or just outside of structural closure for these reservoirs, indicating significant gas and oil potential as mapped up-dip of the Vali-1 location at these levels. There are also numerous Jurassic structures mapped within the permit which will now be high-graded due to the strong indications of oil migration into the Jurassic level evident in this well.
Kind regards OldGeo
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.581M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $12.46K | 5.721M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 11713008 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10212025 | 11 |
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| Last trade - 15.40pm 24/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |