EXR 9.09% 12.0¢ elixir energy limited

@barneydigs:"Update to the design, timing and intended...

  1. 656 Posts.
    lightbulb Created with Sketch. 315
    @barneydigs:
    "Update to the design, timing and intended outcome"

    Originally, did they intend to stimulate all the zones followed by a flow test of each separate zone starting with the deep high-pressure zone? So, the change might be to go straight ahead and flow test the deep high pressure zone.

    Performing an extended well test was also discussed on HC last week, which should help determine if the Lorelle sstn at DD-2 is of limited size. However, my initial estimate of the Lorelle permeability is 0.2-0.3mD and that would mean having to flow the well for a very long time, probably weeks or months. It would therefore probably be better to drill another appraisal well to establish how far the sand extends. It would be for their engineer to apply the data in order to calculate how long they would need to flow.

 
watchlist Created with Sketch. Add EXR (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.010(9.09%)
Mkt cap ! $135.9M
Open High Low Value Volume
11.0¢ 13.0¢ 11.0¢ $381.3K 3.202M

Buyers (Bids)

No. Vol. Price($)
2 131400 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 20000 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
12.0¢
  Change
0.010 ( 8.99 %)
Open High Low Volume
11.3¢ 13.0¢ 11.0¢ 1627269
Last updated 15.58pm 03/05/2024 ?
EXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.