There are 5 prospects to be drilled by 4 wells:
Paid for as follows:
Fur Seal - paid by Apache as 3rd commitment well
Culverin/Scimitar - (2 prospects 1 well) - paid by Koreans
Longtom 3 - will farm out 50% to STO - so probably little or no net cost for NXS
The one by the shore (forget name) - will farm down - so little or no cost to NXS
So the 12m ought to get them by for this program - but they will need to do a capital raising though to develop Longtom or any other discovery.
There are 5 prospects to be drilled by 4 wells:Paid for as...
-
- There are more pages in this discussion • 3 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 NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.43M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $2.208K | 11.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 97393 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 35987 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |