AOK 0.00% 0.3¢ australian oil company limited.

Ann: Strong Gas Flow Testing Confirms Borba as a Producer, page-60

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 515 Posts.
    lightbulb Created with Sketch. 151
    I know there’s a whole thread about predictions. Hence my first question, “why were people so concerned with how much gas was in the well?”

    I suspect because predicting flow rates is near impossible and less fun. Which is understandable why they chose to predict total resource size.

    like I said, the truth is a lot of us will be dead or no longer invested in this company by the time all of the gas has been extracted.

    Only thing that matters is how fast they can extract that gas and sell it, which is dictated by the flow rate.

    more wells = faster rate

    At the end of the day, 3mil bcf is good. Couple more of these and we are on the money.


 
watchlist Created with Sketch. Add AOK (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $3.005M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $49 16.35K

Buyers (Bids)

No. Vol. Price($)
9 20333665 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 11137932 7
View Market Depth
Last trade - 11.51am 18/11/2024 (20 minute delay) ?
AOK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.