Hi Mandurah
Yes I agree there seems to have been a 50% figure creep into the discussions for the SNE appraisal wells but I think this was Far's number for the Bellatrix structure (rather than Cairn's 80%). I don't think any COS has been published for each appraisal but from memory the first well was to be fairly central to prove up 1P and therefore one would hope the gCOS for this would me much much higher and not considered appropriate.
Step out appraisals more risky I guess, depending on the step out.
pj
Capital Raising, page-28
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
52.0¢ |
Change
0.015(2.97%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 52.0¢ | 50.5¢ | $17.38K | 33.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 96060 | 2 |
View Market Depth
| Last trade - 14.33pm 18/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |