@rosencrantz. I respect your opinion, however, there are similarities between both projects: Nomgon and Gurvantes XXXV wells have been producing for the same length of time, both were stated as having gassy coals, Nomgon net pay around 70m, whereas Gurvantes has 40 m and another 44m net coal. I do not know the range of permeabilities for each.
Interestingly, 100 Km to the east of Gurvantes, TMK has identified 45m thick gassy coal region, which is consistent with Gurvantes XXXV. Therefore, similar geologic characteristics can extend over large distances. My feeling is with well LF-2 having such low gas flow rate, something has occured to the coal, maybe compaction due to pressure depletion.
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Mkt cap ! $30.66M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $32.60K | 11.02M |
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No. | Vol. | Price($) |
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85 | 111385855 | 0.2¢ |
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Price($) | Vol. | No. |
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0.3¢ | 6986416 | 1 |
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No. | Vol. | Price($) |
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83 | 108845162 | 0.002 |
23 | 151803581 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 6986416 | 1 |
0.004 | 46609860 | 42 |
0.005 | 35246466 | 20 |
0.006 | 2133000 | 4 |
0.007 | 14890755 | 6 |
Last trade - 15.38pm 13/06/2025 (20 minute delay) ? |
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