Shares in both Nexus Energy and AED Oil fell on 6 July 2009, as production came to a halt at the Longstrom gas project off the Victorian coast. AED agreed in May to acquire a 50% interest in the asset, which is expected to produce 25 petajoules of gas and 300,000 barrels of condensate annually. Construction has stalled due to a disagreement over the charter of a diving support vessel. Nexus hopes the presence of an alternative vessel could allow construction to recommence in three weeks.
Publication Date: 7 July 2009
Shares in both Nexus Energy and AED Oil fell on 6 July 2009, as...
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Last
13.5¢ |
Change
-0.015(10.0%) |
Mkt cap ! $39.44M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 13.5¢ | $119.9K | 836.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28579 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 24827 | 1 |
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