FAR 0.50% 49.5¢ far limited

Hi G 101, The 'exploration only' statements was clearly implied...

  1. 853 Posts.
    lightbulb Created with Sketch. 40
    Hi G 101,

    The 'exploration only' statements was clearly implied in all the pre drill jargon.

    I raised this exact same query with Cath at the RSS show in Perth a few months back. From what was said at the time, should there be a 'productive oil / gas field' encountered at Fan1, the actual 'chance' of the well being in 'precisely' the right place was unlikely. As such, the actual 'production' drill would most likely be completed by side drilling (there is a proper name for it, which I can't think of at the moment) off the existing Fan1 well liners.

    That was the general gist of how Cath answered my question....hope this helps.
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
49.5¢
Change
-0.003(0.50%)
Mkt cap ! $45.74M
Open High Low Value Volume
50.0¢ 50.3¢ 49.5¢ $74.71K 149.9K

Buyers (Bids)

No. Vol. Price($)
1 37432 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 202895 4
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.