You know, the answer to if this is a genuine announcement or not is in the announcement itself.
How do you test for gas and for CCS potential at the same time? The gas is either there or it isn't and CCS is worth a fraction of the EV of a producing gas well.
This tells me that they have no clue.
They are saying: We will drill for gas (like we did last time) but if there is no gas (like last time), we might be able to use it for CCS.
Of course, that is perfectly feasible except, why would you use an offshore depleted reservoir for CCS when you have a multitude of onshore depleted wells available?
Clearly you don't need an independent expert to opine on the prospectivity for CCS in a depleted reservoir!
Please, spare me. No, I take that back, I only check this thread for a laugh and it never fails to deliver.
Thank heavens the guys at MMR know what they are doing!
- Forums
- ASX - By Stock
- Ann: Investee Advent Call for Tender Drilling Fluids
You know, the answer to if this is a genuine announcement or not...
- There are more pages in this discussion • 12 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 BPH (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
-0.003(11.1%) |
Mkt cap ! $26.34M |
Open | High | Low | Value | Volume |
2.9¢ | 3.0¢ | 2.4¢ | $545.4K | 20.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 303224 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 1060718 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 303224 | 0.024 |
13 | 3187872 | 0.023 |
2 | 1000000 | 0.022 |
10 | 2880348 | 0.021 |
29 | 5590570 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 1060718 | 3 |
0.026 | 550000 | 2 |
0.027 | 650000 | 4 |
0.028 | 1016666 | 6 |
0.029 | 2945455 | 4 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
2.4¢ |
  |
Change
-0.003 ( 7.34 %) |
|||
Open | High | Low | Volume | ||
2.9¢ | 3.0¢ | 2.4¢ | 18889514 | ||
Last updated 15.56pm 03/05/2024 ? |
Featured News
BPH (ASX) Chart |