MEL 0.00% 0.5¢ metgasco ltd

Below is a plot of actual and forecast production from Vali-1,...

  1. 1,578 Posts.
    lightbulb Created with Sketch. 3803
    Below is a plot of actual and forecast production from Vali-1, Odin-1 and Odin-2. Decline rates are based on historical well performance and analogue wells. Q2 2024, Q3 2-24 and Q4 2024 forecast production is shown as well as forecast production out to 2028. Successful Odin-1 recompletions into the Patchawarra, getting Vali-2 on online, and perhaps Vali-3 are key to maintaining a reasonable production plateau above 3mmscf/d around mid 2025. Odin-3 will add additional plateau length late 2024 / 2025 and another spike in production. I would like to see Operator, VEN, possibly share something like this with the market.

    My views and interpretations only.

    https://hotcopper.com.au/data/attachments/6269/6269347-5a52faeae5995a5d55ded0899f3ce83e.jpg

    Kind regards OldGeo
 
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $6.988M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $858 158.1K

Buyers (Bids)

No. Vol. Price($)
1 927625 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 5044543 12
View Market Depth
Last trade - 11.16am 28/06/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.