Hi cmon
Read some thing interesting today about ethane .
It is an intrinsically valuable product as the basic starting material for the manufacture of plastics .
However a glut is a glut and for the reasons you point out it has been a problem for some production depending on available infrastructure .
More ethylene cracker infrastructure has recently come online in the Golf Coast area resulting in the price of ethane rising by 57 % since May .
Hopefully the gas and associated gas liquids markets will be better when any wet gas is ready to go to market from our exploration program .
gltah
Ann: Otto Farms in to Eight Well Gulf Coast Package with Hilcorp, page-129
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $33.64K | 2.897M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 7301826 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6011024 | 5 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |