Well you'd hope so they aren't getting any younger 2010 this was founded and they still haven't cracked the Sacramento basin properly!
I think it's pretty obvious what the play will
be for me. Get the cash from Blue Sky invest it into Borba hydrogen facility. Then drill the 4-5 lookalike prospects nearby on the ord bend trend / kione formation with XST fairly de-risked. Last well to drill Alvarez's-1 for a 2.4TCF appraisal. If they have a successful campaign they maybe get to 25-30mmcf/gas. $47-56m USD per annum revenue.
If Alvarez -1 comes in be huge!
Ann: Sacgasco Receives A$5.1m from PNOC EC Farmin, page-53
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Last
0.5¢ |
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Mkt cap ! $4.483M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $10.41K | 2.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 8060958 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3905312 | 4 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SGC (ASX) Chart |