The production from a gas field is not just constant and then stops .
It rises at first as production wells are drilled and then declines at a rate that depends on the characteristics of the reservoir .
I think a plain reading of their announcements indicates that all the gas for the first 4 years is under contract but I do hope that I am wrong .
Unfortunately prices go down as well as go up .
All the forward assumptions are that gas prices will go up but contracted prices may not b.e lower than spot prices if a black swan event was to occur .
Gas prices were not too flash in the darkest days of the Pandemic
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- Ann: Vali and Odin on schedule for first gas
Ann: Vali and Odin on schedule for first gas, page-17
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.287M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $13.29K | 2.640M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 8333650 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.005 |
6 | 8968000 | 0.004 |
9 | 8221620 | 0.003 |
8 | 19529288 | 0.002 |
8 | 61636865 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 8333650 | 7 |
0.007 | 100002 | 1 |
0.008 | 1012000 | 2 |
0.009 | 1330000 | 3 |
0.010 | 8117355 | 5 |
Last trade - 14.37pm 01/11/2024 (20 minute delay) ? |
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