There is an over supply of gas in North America that is forecast to disappear as the unconventional fields peak and go into decline .
The expectations then are that US and Canadian gas will get a lot closer to prices in other parts of the world .
Like G1 , G6 is expected to slowly go into predominately oil production after the oil gas interface reaches the perforations .
Once the rig leaves there is the other near term catalyst of the recompletion of the G5 well using a coil pipe tubing unit .
So there is a significant chance of much higher revenue over the next 5 months or so when interest only is required to paid on the pre payment loan .
As unlikely as it seems , I think the chances of BYE buying out their JV partner in SM71 may be just getting a little bit better .
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There is an over supply of gas in North America that is forecast...
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Last
6.1¢ |
Change
-0.008(11.6%) |
Mkt cap ! $65.80M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 6.1¢ | $45.19K | 723.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 32785 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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6.3¢ | 131891 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32785 | 0.061 |
2 | 420833 | 0.060 |
3 | 600000 | 0.056 |
1 | 1000000 | 0.055 |
2 | 338999 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 131891 | 1 |
0.066 | 78500 | 1 |
0.067 | 40000 | 1 |
0.069 | 87708 | 1 |
0.070 | 25555 | 2 |
Last trade - 12.38pm 02/05/2024 (20 minute delay) ? |
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Last
6.1¢ |
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Change
-0.008 ( 10.3 %) |
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Open | High | Low | Volume | ||
6.4¢ | 6.4¢ | 6.1¢ | 148063 | ||
Last updated 12.38pm 02/05/2024 ? |
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
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