Hi PSI,
They weren't my questions but I really appreciate your regular contribution. I have learned a lot from your many posts.
It's also helpful to have objective agenda comments from those not running any agenda other than genuine curiosity and assessing the odds for/against investment For whatever reason, the STX forum is not usually affected by rampant optimism or over-negative comments.
It does seem from both the various announcements and your comments that it's a continuous learning curve. Your 1-6months estimate seems very reasonable. I doubt whether anyone would know - there must still be a few unknowns at this early stage. From what I've read about the Queensland CSG history the early wells didn't flow any material volume of gas for a long time. Happy to be shown otherwise but this is my understanding.
You have mentioned stress induced permeability a few times. If the reservoir starts to produce reasonable gas flow rates does this issue go away or does it remain for the life of the well (ie do they always have to be careful with this?).
Specific to this announcement, I was very pleased to read that the Klebb 1 drainage area is being constrained.
All IMO.
Cheers
Adaltiora
- Forums
- ASX - By Stock
- Annual Report soon
Hi PSI, They weren't my questions but I really appreciate your...
-
- There are more pages in this discussion • 9 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 STX (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $515.7M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 17.5¢ | $2.236M | 12.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1296010 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 68215 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1296010 | 0.175 |
19 | 2056199 | 0.170 |
24 | 901921 | 0.165 |
35 | 1416126 | 0.160 |
14 | 688929 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 68215 | 3 |
0.185 | 720390 | 6 |
0.190 | 1083423 | 14 |
0.195 | 735087 | 12 |
0.200 | 602191 | 11 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online