ADX 5.38% 9.8¢ adx energy ltd

Ann: Welchau Gas Exploration Well Update - Report No 3, page-3

  1. 33,474 Posts.
    lightbulb Created with Sketch. 1740
    "Minor hydrocarbon shows have been encountered in the carbonate formations. Formation gas shows have increased from 0.0099% to 0.1765% primarily for methane as well as ethane and propane also measured upon entering the Lunz Formation where the 9 ⅝ inch casing has been set2."

    I know very little about oil and gas , so Does the above sound disappointing ? ,Anyway hopefully it gets a bit better than that deeper down . nice to see the charting on progress finally and a more detailed report on the foundations they are going through ,
 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
9.8¢
Change
0.005(5.38%)
Mkt cap ! $55.65M
Open High Low Value Volume
9.6¢ 10.0¢ 9.6¢ $78.82K 806.1K

Buyers (Bids)

No. Vol. Price($)
1 330000 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 100000 1
View Market Depth
Last trade - 15.45pm 26/06/2024 (20 minute delay) ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.