http://www.searchanddiscovery.com/abstracts/pdf/2003/2002sw/images/ndx_burkett.pdf
My guess is this is by no means a duster at this stage
This is pretty good example of what we might be looking at noting out well is fully cased leaving stimulation options wide open
160 acres = 1000m x 600m
1bcf = about 1PJ
Cost of well = say $10M for 4PJ
4PJ revenue = 4x$5-$7/GJ = $20M-$28M
Cost to produce =$2.50/GJ(well) + $1/GJ(other)
Profit = $1.50-$3.50/GJ
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central petroleum limited
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Ann: WM26 Drilling Update, page-9
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.98M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.4¢ | $159.7K | 2.896M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 38000 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 145969 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 38000 | 0.054 |
2 | 400000 | 0.053 |
4 | 480000 | 0.052 |
3 | 840000 | 0.051 |
4 | 860000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 145969 | 2 |
0.058 | 206030 | 2 |
0.059 | 376120 | 3 |
0.060 | 140000 | 1 |
0.066 | 100000 | 1 |
Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
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