Big gas discovery in Perth Basin!
Redback Deep-1 gas discovery comparable to Beharra Springs Deep-1.
Enterprise Gas field in Otway appears to be already connected. Will increase Otway production soon to about 175 TJ per day from current 125 TJ per day. To be followed by farther increase at two more offshore wells from Thylacine hopefully by next quarter.
Head count reduction going on to reset cost base.
Kupe production should increase once Kupe South-9 goes online.
Cooper Basin has a rain event that affected oil production.
Average Realised gas price now at $9.90 per GJ.
Should go higher from July 2024.
Big gas discovery in Perth Basin! Redback Deep-1 gas discovery...
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Mkt cap ! $3.593B | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.59 | $1.56 | $7.607M | 4.822M |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| $1.57 | $1.59 | $1.56 | 1700115 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
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