Hi stumpytrunks,
Yes. I think a 1-2mmscf/d for an Odin-1 recompletion into the Patchawarra is a reasonable estimate. I am concerned about both Vali-1 and Odin's declines rates the JV's capacity to maintain strong cashflow in the short term. Quarterly revenue of $2million net MEL, would be a stretch in my view.
Kind regards OldGeo
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.267M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.242K | 496.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 17714111 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 6914191 | 10 |
View Market Depth
| Last trade - 11.39am 17/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |