Flow rate is extremely important, we know there is oil, but if we can get it out of the ground is the current unknown (typical characteristics are promising though). Based on current modelling at the P50 resource case, our Mid Costs Cost Assumption is US$39/bbl, so if POO drops to lets say $30, I believe we will be in for a SP reduction. But if they do achieve t0 agree on production cuts down to 32.5mbbol/day AND we see a reduction effect on inventories, then the uptick maybe upwards of US$65/bbl making the Icewine project feasible for continued exploration and development based on current scenarios. Flow rate could/should change that.
- Forums
- ASX - By Stock
- 88E
- ASX Today
ASX Today, page-3322
Featured News
Add 88E (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $72.44K | 36.26M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
392 | 1066067236 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 58783555 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
369 | 977762228 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 58783555 | 8 |
0.003 | 463449763 | 186 |
0.004 | 165652977 | 89 |
0.005 | 54235254 | 43 |
0.006 | 44794972 | 31 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online