they are really saving captial by not installaing an artificial lift and are happy with lower production (albeit lower cost). I think they would require a Beam Pump ( also referred to as nodding donkey) which can be fairly expensive to install. Holding onto the cash balance at this point.
Ann: Quarterly Activities Report, page-3
Add ATS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.59M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $15.81K | 1.216M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4064423 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 961067 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.3¢ |
Change
0.000 ( 4.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 1516047 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| ATS (ASX) Chart |