Hi Pizzaboy01,
If we can get the gas to the surface and flow it in proven commercial quantities then we have a HUGE saleable project.
EXR are nearly at that stage with a vertical well at Grandis...... and I am pretty sure it will be well backed up by OMA in the near future with a horizontal well..And heavens knows how much Shell will prove up after their $150 million program.
We are dealing with what is called a SUPER BASIN , close to Low Cost infra-structure and High priced local and export demand.
Early results look very promising.
Best,
tui
EXR Trading 2024, page-698
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18.0¢ |
Change
0.035(24.1%) |
Mkt cap ! $215.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 18.5¢ | 15.5¢ | $4.010M | 23.45M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 399681 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 271156 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| EXR (ASX) Chart |