Guess that number, page-34

First 34 Last

Share
Profile

Follow
Randy Savage

5,436 Posts.

1210

15/02/21

19:54

Post #: 51009578
Share

Originally posted by longreach ↑

We are unaware of the Scope of Works for the Independent Expert. But presumedly the main task would have been to provide an estimate of potential gas accumulation, principally based on the recent 3D seismic data available, plus any other supporting information.
My feeling is that the company will provide some clarity wrt the classification of the gas resource that the IE may have been prepared to sign off on.
SGC has emphasised its view that it has sited the Borba well location optimising likelihood of both gas intersections and improved reservoir characteristics.
The IE may have taken a more conservative view that until proved otherwise general characteristics of many past Sacramento gas wells have been "tight" - Dempsey is an example, and it would require secondary stimulation to improve gas flows in production.
GJ has previously mentioned that Dempsey may have been sited with more focus on intersecting interpreted gas reservoirs in apex positions of the anticline rather than considering reservoir quality based on fundamental sedimentary interpretation.

This is just my thought, I could be completely off on a tangent.

Regardless there is no doubt that Borba is going to be a very gassy well, most likely with many regular updates to the market. I'm certain this is going to be an exciting month ahead, and I can't wait for the spud announcement.

Expand

Excellent post again LR, substantially better than from the resident geophysicist and astrophysicist expert

SGC Price at posting: 11.0¢ Sentiment: Buy Disclosure: Not Held
5 Upvote

1 Great analysis

Reply

Top Stories

SPR

HotCopper users bullish on Spartan Resources' latest gold find right near Pepper deposit

CHR

Charger takes on 100% of Bynoe Lithium Project in NT, looks ahead to drilling

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

HLX

Helix extends its copper footprint at Bijoux in NSW with latest drill results

There are more pages in this discussion • 24 more messages in this thread...

First 34 Last

Add AOK (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.001(33.3%)		Mkt cap ! $3.005M

Open	High	Low	Value	Volume
0.3¢	0.4¢	0.3¢	$650	175K

Buyers (Bids)

No.	Vol.	Price($)
14	14605455	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	7052811	7

View Market Depth

No.	Vol.	Price($)
14	14605455	0.003
5	12833666	0.002
7	54690500	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	7052811	7
0.005	5050245	5
0.006	7027961	6
0.007	4301142	3
0.008	5000000	1

Last trade - 10.00am 07/11/2024 (20 minute delay)

AOK (ASX) Chart

Guess that number, page-34

HotCopper users bullish on Spartan Resources' latest gold find right near Pepper deposit

Charger takes on 100% of Bynoe Lithium Project in NT, looks ahead to drilling

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Helix extends its copper footprint at Bijoux in NSW with latest drill results

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Guess that number, page-34

Top Stories

HotCopper users bullish on Spartan Resources' latest gold find right near Pepper deposit

Charger takes on 100% of Bynoe Lithium Project in NT, looks ahead to drilling

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Helix extends its copper footprint at Bijoux in NSW with latest drill results

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News