If we look at the Kinta-1 well to the north-west or Vali-2 , gas shows with interpreted net gas pay in Kinta-1, are mainly concentrated near the base of the Toolachee Formation. If Kinta-1 is anything to go by, and it is closer to Vali-2 than Strathmount-1, Vali-2 should see a similar clustering of gas shows (red lines on diagram below) between 2490 - 2520m MD and hopefully net gas pay once logged near the base Toolachee; so about 150m deeper than todays announced current depth of 2403m MD as long as the sands (yellow) encountered in Kinta-1 extend laterally to Vali-2. The JVP will be watching for gas curves closely over the weekend was we progress through the lower Toolachee. Cautionary note: Coal seams generate gas shows too, so care needs to be taken when interpreting the gas shows, especially if they depth correlate with coal fragments in the drill cuttings.............
Kind regards OldGeo
- Forums
- ASX - By Stock
- Ann: VEN: Operations Update
MEL
metgasco ltd
Add to My Watchlist
0.00%
!
0.2¢

If we look at the Kinta-1 well to the north-west or Vali-2 , gas...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.665M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $10 | 5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 15680488 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 10613886 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 15680488 | 0.002 |
8 | 35000998 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 10613886 | 10 |
0.004 | 10352802 | 5 |
0.006 | 311675 | 1 |
0.022 | 91666 | 1 |
0.028 | 2400 | 1 |
Last trade - 10.00am 23/06/2025 (20 minute delay) ? |
Featured News
MEL (ASX) Chart |