Spoke to company and they confirmed that the testing of the Vaquero 1 well is a process which would take weeks and not months. Given that Dune have had the workover rig there for the last 2-3 weeks they believe we should be close to results on the first well. I think this ties in with the earlier prediction that Dune will release results soon after listing on AMEX.
On SGT permits should be issued in 2 weeks (around mid may) with the board road taking about a week to lay. This takes us to the last week in May. Anytime after that, but within 30 days, a rig should be secured. This means we should see action on this one in mid-late June.
vaquero 1 testing
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.5¢ |
Change
0.005(1.14%) |
Mkt cap ! $41.12M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 44.0¢ | $82.77K | 187.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 202149 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 5066 | 2 |
View Market Depth
| Last trade - 12.31pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
44.0¢ |
Change
0.005 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 44.5¢ | 44.5¢ | 44.0¢ | 22012 | ||
| Last updated 12.58pm 15/05/2024 ? | |||||
| FAR (ASX) Chart |