Good drilling COP and KAR. Great progress made considering all that had to occur to get us to this depth.
The Poseidon-1 well penetrated a 317m gross gas bearing Plover Formation over the interval 4795 to 5112 mRT with three gross gas bearing sands totaling 228 m.
Doubt next report will be in this area but should be preparing to change over pipe size and be heading in that direction.
Now is the time to start playing the game of hitting gas and oil or going bust. My money is on the bigger boys starting to make investments on hitting.
Should see the stock starting to move higher next week considering the short termers taking their money out.
Bob
Good drilling COP and KAR. Great progress made considering all...
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Last
$1.84 |
Change
-0.005(0.27%) |
Mkt cap ! $1.470B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.86 | $1.82 | $5.917M | 3.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 48719 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 7249 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |