cara back talking about the other crowd I would be more worried with the ship old mate $1 Maynard is driving - a well hasn’t hit managements guidance for the best part of 3 years.
$35m spent on the last campaign G4/G6 now netting less than 400 bopd after little more than 4 months production and the wells appearing to be watering out latest BOEM data has G4 producing ~300 barrels of water per day.
the previous $35m campaign G3/G5 netting less than 100bopd after less than 2 years.
$70m of CAPEX in past 18 months netting them 400bopd and still declining
cara back talking about the other crowd I would be more worried...
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Last
6.1¢ |
Change
-0.005(7.58%) |
Mkt cap ! $65.80M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.1¢ | 5.9¢ | $9.848K | 165.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 170000 | 3 |
View Market Depth
| Last trade - 11.20am 29/04/2024 (20 minute delay) ? |
| BYE (ASX) Chart |