probably because no one has researched anything and the market has no clue that a well is producing on the Sl play in block A. All the jvp's have reported the well. I gusee once the second development well goes in there on block A, and the Sugarloaf 1 well is finally fraced, then some may realise the massive play theis lease holds.. 80 square kilometers is a huge area, and to purchase leases on them also implies obligations..
NT is a well i am very confident on. and SL i have absolutely no doubet at all on, but when its kept in a vail of secrecy, and the major oil company is being kept hidden from view, we have no action and little reaction!!
Tuesday we should see nice results, and i still believe any frac problems would have been reported well and truely by now..
I believe the JVP's on the NT well are looking for acreage also, so my view is the play is upside ..
cheers
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Last
$2.87 |
Change
0.035(1.24%) |
Mkt cap ! $910.5M |
Open | High | Low | Value | Volume |
$2.85 | $2.88 | $2.85 | $138.8K | 48.60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 19698 | $2.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.87 | 4353 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 19698 | 2.860 |
9 | 7795 | 2.850 |
8 | 4542 | 2.840 |
6 | 3882 | 2.830 |
8 | 9306 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.870 | 4353 | 8 |
2.880 | 6206 | 12 |
2.890 | 12001 | 11 |
2.900 | 5195 | 7 |
2.910 | 4477 | 6 |
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