Australia's largest stock trading and investment forum Australia's #1 stock forum

CE1

Click for more information

3.85%

12.5¢ calima energy limited

Ann: Rising oil prices - Hedging Update, page-71

First 71 Last

Share
Profile

Follow
Quest09

780 Posts.

106

05/10/23

16:43

Post #: 70193868
Share

Originally posted by Quest09: ↑

So the spud date of P10 was Sept 8, and less than a week later P11 spud date occurred, and less than a week after that P12 spud date occurred.

So if the workflow continues according to trend, then next week P11 could be producing, and a week after that P12 could be producing (as per below image).

Also, P6, P7, and P10 are producing "significantly above the typical production curve" (as shown in above announcement), meaning that a continuation of this trend could result in P11 and P12 also producing "significantly above the typical production curve".

In a best case scenario, we could be receiving more positive news about P11 and P12 within the next week or two, and in a best case scenario where all new wells exceed the typical production curve, we could end up exceeding the stated target of ~4,000 barrels per day just by completing these 3 new wells.

Expand

Newbie,

Im posting facts, thoughts and ideas about a company which i hold shares in.

What are you doing here.? Do you own shares.? Why are you so focused on me.?

Post about the company, or move on with your life, son.

Last edited by Quest09: 05/10/23

CE1 Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 10 more messages in this thread...

First 71 Last

Add CE1 (ASX) to my watchlist

(20min delay)
Last 12.5¢		Change -0.005(3.85%)		Mkt cap ! $79.13M

Open	High	Low	Value	Volume
12.5¢	13.0¢	12.5¢	$35.40K	282.9K

Buyers (Bids)

No.	Vol.	Price($)
11	10947190	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	4570419	41

View Market Depth

No.	Vol.	Price($)
11	10947190	0.125
2	1610867	0.120
1	40000	0.115
1	9500	0.110
2	33650	0.100

Price($)	Vol.	No.
0.130	4570419	41
0.135	1716850	15
0.140	129588	3
0.145	97300	1
0.150	196678	5

Last trade - 16.10pm 04/06/2024 (20 minute delay)

CE1 (ASX) Chart