ADX 1.04% 9.7¢ adx energy ltd

Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-140

  1. 4,770 Posts.
    lightbulb Created with Sketch. 2233
    A very big catalyst will be the flow test .
    Do they give permits in Austria to flow test with flaring and if they do how much flaring on flow test do they allow ?

    A high test obviously gives a better return on each well drilled and an extended test gives insight on the area drained by a single well and hence how many wells are required to drain the field.

    Very important in assessing the value of what we have found.
    Those macro cracks in the core bode well for a good test but we will just have to wait to see how the test will go .
    We will just have to be patient while they get all the permits to get the test done .
 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
9.7¢
Change
0.001(1.04%)
Mkt cap ! $55.09M
Open High Low Value Volume
10.0¢ 10.0¢ 9.7¢ $40.40K 413.8K

Buyers (Bids)

No. Vol. Price($)
1 247299 9.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 200000 1
View Market Depth
Last trade - 15.37pm 28/06/2024 (20 minute delay) ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.