Looking at the announcement there isn’t any new news unfortunately, looks like they are doing further studies on the results. Drilling on to the primary structure.
I would interpret that the reservoir is mixed quality with some vuggy/fractured sections. It does look like the upper and N sheet are filled to spill given the extent of oil shows. The pressure regime in the N sheet as I’ve speculated may represent a strat trap, if the pressure regime is equal in the N sheet and primary structure it may represent a very substantial discovery. Either way the source rocks are excellent.
- Forums
- ASX - By Stock
- MAY
- Ann: Forward work program for Block 9 drilling program
Ann: Forward work program for Block 9 drilling program, page-226
-
- There are more pages in this discussion • 4 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 MAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2048367 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 1402823 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2048367 | 0.022 |
25 | 2873874 | 0.021 |
30 | 4634745 | 0.020 |
11 | 1388627 | 0.019 |
3 | 535055 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1402823 | 5 |
0.024 | 3142174 | 9 |
0.025 | 3859683 | 6 |
0.026 | 326965 | 4 |
0.027 | 2632940 | 7 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |