I did a look for Permeability but couldn't find any quantified reference.
Did find another reference to pre-drill porosity from the same presentation.
What I find interesting is that at Eagle ford the reserves are approx 11,500 bo per acre and the top price paid per acre in 2010 was $10,800 for a 33% farm in, i.e. Value at peak price was approx $30k per acre (probably per in sweet spot area).
- "Exceptional porosity in HRZ – consequence of unique goelogic history
- >13% porosity indicated on log data
- Exceeds the ‘sweetspot’ average in all other US shale plays
- As a result, resource concentration is estimated to be >50% better than in the Eagle Ford sweet spot"
Conclusion: If the volume stacks up then the farm in price may be substantial, maybe we are looking at the wrong thing for shareholder value.
- Forums
- ASX - By Stock
- 88E
- Ann: Permeability Exceeds Pre-Drill Expectations
Ann: Permeability Exceeds Pre-Drill Expectations, page-105
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 88E (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $57.78M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $5.997K | 2.378M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
222 | 347388030 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 601584897 | 215 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
216 | 332088030 | 0.002 |
294 | 1060077958 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 564758004 | 210 |
0.004 | 250018959 | 100 |
0.005 | 73110046 | 55 |
0.006 | 97674859 | 39 |
0.007 | 37844569 | 26 |
Last trade - 15.51pm 19/07/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |