AXP 0.00% 0.1¢ axp energy limited

Well you've confused me @SectorPeak Rate for gas reported as...

  1. 10,873 Posts.
    lightbulb Created with Sketch. 3604
    Well you've confused me @Sector
    Peak Rate for gas reported as 2.1Mmcfpd is 350 boepd .... so how does that help/hurt the IP case.

    W.r.t to IP24 being "best 24 hours after stimulation/ cleanup" is not accurate. It is not consecutive is what I'm trying to get across. It could be 4 hours every 2nd day over 12 days.

    I can't make the connection you're making with "Yes, questions must be asked how you can produce an IP of 40 BBLs OIL for Powell (220 incl. GAS), when you only produced the 40 over 20 days". That is not a IP rate. Over a reporting period of 2 months, 5 days were on production in 1 month and 15 days in the next. It is not correct to call this IP20D.

    The reported 220 boepd IP (if you want to call that IP24 then go ahead) has zero to do with monthly production reporting to COGCC. If anything you might have a beef with 80% gas & 20% oil ... implication is 44 BO produced and 176boe from gas.

    Anyway ... the data and the message ... something to dig deeper.

    Still find it hard to accept that FY18 & FY19 Annual reports can have exactly the same "current status" with respect to production for both fields.



 
watchlist Created with Sketch. Add AXP (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $5.825M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $1.248K 1.248M

Buyers (Bids)

No. Vol. Price($)
52 101397214 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 129897896 71
View Market Depth
Last trade - 12.25pm 26/06/2024 (20 minute delay) ?
AXP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.