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14.5¢ elixir energy limited

It's 700m depth.

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J8

14,413 Posts.

807

23/08/19

01:41

Post #: 40108150
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Originally posted by 64eheh ↑

and another thought...............

I'm assuming the seam at 467 metres depth is their initial area of interest. Firstly, it's around the depth indicated in the recent announcement of 12th August (Seismic Acquisition Underway ) and secondly, it's referred to in the presentation.

So, the thing is, they have referred to the gas contents of up to 15 cubic metres per Tonne, which means they have data of the gas composition of the seam. The question is, and i don't know, as I'm no expert, do they then have the location of the highest concentrations of gas in the seam. Maybe @Michaeljob could help answer this. I'm thinking Methane, being lighter than carbon dioxide, would migrate upwards in the seam, and lie closer to the top, whilst CO2 would tend to migrate to the bottom of the seam. This migration of gases (or liquids) happens over thousands and thousands of years and would , I imagine, depend on the permeability of the seam. So, could EXR, with the use of complex mathematical formulas, through experience and with their wisdom....could they gain an idea of the permeability from the location of gas saturation within the seam?

I think they might, but don't really know.

Another question to ask, I guess.

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It's 700m depth.

EXR Price at posting: 4.9¢ Sentiment: None Disclosure: Held
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