On 15 May 23, VEN reported that when discovered the Odin gas field delivered a stable gas flow of 6.5 MMscfd.
On 17 Oct 23, VEN reported that Odin has averaged 5.4 MMscfd since coming online on 14 Sep 23
In April 2024, in the Entitlement document, VEN reported average production of 4.3 MMscfd to 29 Feb 24 on days online and states that the latest production (as at 22 Mar) is 2.4 MMscfd.
I have no experience in the gas industry and backed VEN on the basis of its management, which was obviously a mistake, but I can read numbers and in relation to Odin gas flows they seem to be decreasing at an alarming rate. I am hoping that there is a reasonable explanation for this and my concerns are ill-founded.
On 15 May 23, VEN reported that when discovered the Odin gas...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $11.95M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $4.402K | 416.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 13282675 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 7039999 | 3 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.0¢ |
Change
0.001 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.1¢ | 1.0¢ | 738880 | ||
| Last updated 14.02pm 03/05/2024 ? | |||||
| VEN (ASX) Chart |