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4.17%

12.5¢ state gas limited

Originally posted by BlueSealThanks for the clarification...

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raimop

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12/02/21

10:15

Post #: 50923039
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Originally posted by BlueSeal

Originally posted by BlueSeal: ↑

Hi raimop,

maybe I'm wrong, but GLL has reported 50Mcf per day from all 11 Wells after months of pumping and drilling... but 50Mscf stands for 50 thousand standard cubic feed not 50 Million (MMcf)... so, GAS already produces 100 Mcf after only 3 weeks

If you ask me, GAS has a much better output so far with less money invested.

I would expect this project to be commercial at around 800-1250 Mscfd per well, due to the low drilling costs per well.

all the best

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Thanks for the clarification BlueSeal
Very happy to be incorrect here albeit I copied and pasted info re Galilee from Herald Market article above
GLTAH

GAS Price at posting: 60.0¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 12.5¢		Change 0.005(4.17%)		Mkt cap ! $34.27M

Open	High	Low	Value	Volume
12.0¢	12.5¢	12.0¢	$13.74K	113.9K

Buyers (Bids)

No.	Vol.	Price($)
2	66550	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	46695	3

View Market Depth

No.	Vol.	Price($)
2	66550	0.125
1	36559	0.120
3	304156	0.115
4	182083	0.110
6	50401	0.105

Price($)	Vol.	No.
0.130	46695	3
0.145	15000	1
0.150	318985	4
0.170	124982	3
0.175	45719	2

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