vaga,
couldn't agree more about targets. The market likes over-delivery. I've no problem with their conservative approach, particularly as they have 3 blocks in different places and one of those is in the volatile oil trend by the look of it. I felt, however, that there was a contradiction between the frac plan and the assumed spacing and that the latter might be conservative. Also, the JV is still adding to its acreage. Each should do his/her own research, of course.
Good to see a time scale for news on Bigham, though - about 4 or 5 weeks.
Ann: Eagle Ford Shale Activities Update , page-14
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Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 22.0¢ | $1.056M | 4.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 262128 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 3834531 | 37 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |