FAR 4.81% 49.5¢ far limited

Could someone explain in layman's language what the deal is with...

  1. 189 Posts.
    lightbulb Created with Sketch. 81
    Could someone explain in layman's language what the deal is with these Aptian carbonates.
    Is the permeability/porosity better or worse than the sands?
    If they find oil is it likely to be very localised or could there potentially be a huge area of several hundred square km? Would they have to redrill all the SNE sites to a deeper level to find the extent of the carbonates or could they just figure it out from the seismic data?
    Thanks for the input from all the regular contributors.
    Cheers, R
 
watchlist Created with Sketch. Add FAR (ASX) to my watchlist
(20min delay)
Last
49.5¢
Change
-0.025(4.81%)
Mkt cap ! $45.74M
Open High Low Value Volume
51.0¢ 51.0¢ 49.5¢ $3.293K 6.5K

Buyers (Bids)

No. Vol. Price($)
1 995 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 3276 1
View Market Depth
Last trade - 14.25pm 14/10/2024 (20 minute delay) ?
FAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.