Correct. We can then find out the potential of the well or if it was just some pocket of gas the likes of what Surprise turned out to be.
It could also have been that they could have drilled into something else and allowed the gas to escape somewhere else.
This is a typical response from some hard believers which have been doing nothing lese than doing the head count of the chickens before they have actually hatched.
Like you've said the only way we can really determine the full or estimated extent and the potential of the well will be when we have done at least 30 or 40 days of testing and see at what it will stabilize at and if the pressure will maintain at a certain level or reduce too.
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central petroleum limited
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March-19 quarterly projections, page-25
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Last
5.4¢ |
Change
-0.004(6.90%) |
Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.4¢ | $33.59K | 611.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 290637 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 204593 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 290637 | 0.054 |
1 | 100000 | 0.053 |
2 | 319000 | 0.052 |
1 | 800000 | 0.051 |
2 | 39000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 204593 | 1 |
0.056 | 28713 | 1 |
0.058 | 6030 | 1 |
0.059 | 679120 | 5 |
0.060 | 200000 | 3 |
Last trade - 15.59pm 26/06/2025 (20 minute delay) ? |
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