Good post mate,
From your post, are you anticipating they will run a DST for testing prior to completion?
Dempsey drilling was:
1. Log Intermediate Hole
2. Case Intermediate Hole
3. Drill Production Hole
4. Log Production Hole
5. Case Production Hole
6. Move rig off hole
7. Workover Rig
8. Testing of individual zones
Going of the previous comment that the can slide the rig accross lease and drill another hole, I'm wondering if they will do a DST to get preliminary reservoir data for validation and justification of moving onto another hole. I wouldn't think they would drill another hole without flow testing the first hole.
DYOR
Good post mate,From your post, are you anticipating they will...
Add SGC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
-0.002(25.0%) |
Mkt cap ! $4.678M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $73.47K | 13.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 9146824 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3756831 | 9 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.6¢ |
Change
-0.002 ( 31.3 %) |
||||
| Open | High | Low | Volume | ||
| 0.6¢ | 0.7¢ | 0.5¢ | 5913141 | ||
| Last updated 15.36pm 02/05/2024 ? | |||||
| SGC (ASX) Chart |