'Im not sure what the cost will be for the drill rig to flow test? Assuming lets say another $17Mill,the cost for ADX is shy of AUD $13Mill
I would have thought it would not cost as much second time around , as they will have the drill casing already in , just need to perforate the casing and it would almost be just a demurrage type fee with the rig just there to have its BOP in place , and the ability to use the string to maybe perforate the casing at intervals , and take flow readings over say a week and flame control monitoring . but welcome to be corrected as have only been a distant observer to what happens - and that was 50 years ago ,
Drilling in Europe sure is expensive compared to in the USA it seems .
- Forums
- ASX - By Stock
- ADX
- Ann: Welchau-1 Well Discovers Condensate Rich Gas
Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-227
-
- There are more pages in this discussion • 215 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADX (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.79M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 9.9¢ | $97.58K | 977.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 53703 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 422799 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 53703 | 0.100 |
2 | 165021 | 0.099 |
1 | 20000 | 0.098 |
1 | 30000 | 0.095 |
1 | 125000 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 387799 | 7 |
0.110 | 304041 | 5 |
0.115 | 250000 | 3 |
0.120 | 185358 | 5 |
0.125 | 116000 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
ADX (ASX) Chart |