MEL 0.00% 0.4¢ metgasco ltd

Unconventional is generally a measure of permeability.Not the...

  1. 318 Posts.
    lightbulb Created with Sketch. 4
    Unconventional is generally a measure of permeability.

    Not the extraction technique. Although fracture stimulation is generally associated with unconventional.

    No one gave a rats with any sort of reservior stimulation until recently. It was just one of many methods of increasing recovery.

    From what I can gather KF seems to be thinly stacked conventional reserviors.

    Problem being having enough permeable reservior in contact with the well. So fraccing may help, but I suspect horizontal or lateral drilling sounds like the go here.

 
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $5.830M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $70.92K 17.73M

Buyers (Bids)

No. Vol. Price($)
3 2396640 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 2401986 5
View Market Depth
Last trade - 14.20pm 03/10/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.