Natural flow is double edged sword, in a tight reservoir, the thing that flows most easily is gas. 88e want oil not gas. A little gas is great it provides the expansion drive to get the oil out, a lot means the reservoir has a high gas saturation (GOR)
I think 24.8 barrels proves very little, they were right there flowing it, makes no sense cutting it short if it is viable. Makes perfect sense if it is not
Yes they would prove up anything viable, leaving one half done is a red flag
- Forums
- ASX - By Stock
- Ann: Hickory-1 Upper SFS Zone Flows Light Oil
Natural flow is double edged sword, in a tight reservoir, the...
-
- There are more pages in this discussion • 91 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 88E (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.67M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $110.5K | 36.10M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
536 | 676750618 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 287535477 | 79 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
535 | 674750618 | 0.003 |
127 | 347961205 | 0.002 |
58 | 337389995 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 281127478 | 76 |
0.005 | 193519572 | 111 |
0.006 | 110146237 | 106 |
0.007 | 218388560 | 76 |
0.008 | 123489381 | 80 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
0.3¢ |
  |
Change
0.000 ( 11.8 %) |
|||
Open | High | Low | Volume | ||
0.3¢ | 0.4¢ | 0.3¢ | 8695650 | ||
Last updated 15.58pm 02/05/2024 ? |
Featured News
88E (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online