This will probably be the last walyerling well for a whilst as the issue is pipeline capacity not amount of gas flow and the wells are extending the life of this reserve which should allow for better financing options from lenders if they go down this path for other projects.
They probably need to use their limited funds on drills in WE and Ocean Hill which are much larger targets.
Not sure how the market will take this as the Net pay is like half of the other Walyerling wells
This will probably be the last walyerling well for a whilst as...
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Last
21.0¢ |
Change
-0.015(6.67%) |
Mkt cap ! $601.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $1.393M | 6.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 833597 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1173079 | 4 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |