Watch out for volume at Battys ears last time.
Then again we could be on the way to 8c prior to flow result.
Where it goes from there is anyones guess as we need some new play numbers to well, er...... play with from the company.
Guess it kind of depends on where we might see a raising for delineation or, our best case scenario, a T/Out with a decent offer for what we have and thats gotta be in the Bills !!!
Could also be a deal with a services company a la Halliburton like Laz was hinting at yesterday with this post. That was what U were hinting at wasnt it Laz ? Or is d taking too many liberties again.
-----------------------------------------------------------------
Based on some circumstantial evidence arising from today's announcement, it appears that the oil services company selected to do the frac is likely to be Halliburton. The micro-stim was referred to as DFIT in today's announcement. I found the following when researching that term:
The DFIT is an acronym for Diagnostic Fracture Injection Test as coined by Halliburton and seems to be the name most generally given to this test. Schlumberger calls it a Mini-Fall-off (MFO) while others call it a mini-frac, data-frac, or g-function test. Regardless of nomenclature, the application is described as an injection fall-off test pumped at a low rate and low volume to create a fracture and then releasing the pressure and allowing the fracture to close naturally.
Source: http://www.petracat.com/energy/Defining-DFIT-Distinctions-Applications/subpage382.html#.WTZYPWiGNnI
-------------------------------------------------------------------
d.
- Forums
- ASX - By Stock
- 88E
- LSE tonight
LSE tonight, page-5466
-
-
- There are more pages in this discussion • 8,970 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 88E (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $78.15K | 38.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
122 | 120098264 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 583908266 | 234 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
116 | 118403264 | 0.002 |
388 | 1032611335 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 545953896 | 226 |
0.004 | 179371575 | 111 |
0.005 | 54389555 | 44 |
0.006 | 45408654 | 34 |
0.007 | 86535608 | 26 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |