NSE 0.00% 0.4¢ new standard energy limited

Ann: Quarterly Activities and Cashflow Report , page-24

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  1. 6,650 Posts.
    Thanks for the update Anatol

    So basically looking forward NSE has to drill two well in the Canning at 100% there cost?

    Estimated cost.

    1, Re-open roads and finish road to final well location say $2.5 million

    2, Source rig, mobilise and supply two well say $10.0 x 2 = $20.0 million.

    3, Office cost for 1 year = $6.0 million

    Total = $28.5 million.

    But this must be a low amount as they spent another $10.0 million last quarter, on what?

 
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