Mitsui and Shell Farmed-In to AC/P41... 20% and 15% (65%) respectively.
Nexus received $70 Mil (A) cash. Also Mitsui pays for the NXS share of P41 Exploration Wells.
As it turns out, the the Octantis 3D Survey has been mapped over the Major & minor Palaeozoic fault line.
As yet, we the Investors, haven't been privy to that Survey... NXS were informing us of it, in early in 2008 ... a much over due release. I would feel confident in saying, that Mitsui and Shell would have based some of their Farm-in decisions, on the Leads shown in a Octantis 3D ...
The way I see it, Libra-1 is a SUCCESS ... and if AC/P41 is shown to be further prospective (Octantis), then that will have a significant influence on a better outcome for the AC/P23 Farm-Out sale.
I am hoping for the Libra Logging results to be disclosed within 2 weeks, disclosing Reservoir characteristics....along with an updated Wider Area Reservoir Map with the Survey included.... that would time in nicely with a Farm-In Partner Announcement ....and FID in February 09
GOOD LUCK...
SharpE
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Mitsui and Shell Farmed-In to AC/P41... 20% and 15% (65%)...
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19.5¢ |
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Mkt cap ! $56.97M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 19.5¢ | $5.102K | 26.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 74952 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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20.0¢ | 35987 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 74952 | 0.195 |
1 | 52578 | 0.190 |
2 | 86599 | 0.185 |
5 | 84233 | 0.180 |
2 | 21000 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 35987 | 2 |
0.205 | 15000 | 1 |
0.215 | 7298 | 1 |
0.220 | 36214 | 1 |
0.225 | 4444 | 1 |
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