They've got themselves a commercial find frm the upper sands so can't b bad. Besides, there's no water cut associated with the oil/gas. The gas cap basically is complimentary to the oil (simple gravity principles) & IMO would b flared off by the operator, once they commence commercial production in time, as is the norm when using a floating drillship to store the oil.
PBR r using the FPSO drillship Avare nxt doors at Tiro. What's more imp. for now is that the flwrate was stable at 4000+ bopd, hence the rationale behind drilling M#2, 4.8 kms NE of M#1 later this month.
Hopefully by Q3 they would have annc'd their farmin partner.
More interested in a bigger slice of the pie, Jaragua i.e, which has a 50% CoS & has twin reservoirs lit up like a Xmas tree on the seismics, obviously drilling will confirm this.
Meanwhile COP's EPBC applicn is still being assessed by the WADMP. Hopefully once they get the approval, they'll finalise a rig thereafter & get on with the drilling.
- Forums
- ASX - By Stock
- maruja flow rates
They've got themselves a commercial find frm the upper sands so...
Featured News
Add KAR (ASX) to my watchlist
|
|||||
Last
$1.70 |
Change
-0.015(0.88%) |
Mkt cap ! $1.361B |
Open | High | Low | Value | Volume |
$1.70 | $1.70 | $1.67 | $6.485M | 3.843M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5782 | $1.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 1499 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5782 | 1.690 |
1 | 5782 | 1.685 |
5 | 44592 | 1.680 |
1 | 5782 | 1.675 |
6 | 24231 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 9782 | 2 |
1.705 | 5782 | 1 |
1.710 | 20782 | 2 |
1.715 | 5782 | 1 |
1.720 | 8782 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
KAR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online