Despite the damaged to the Tinoman resevoir by the original drilling process the well flowed gas at 250,000 cubic feet per day plus condensate...no water was produced during the test.
SHG considers the result very encouraging diven the damage to the resevoir...the well has been suspended pending completion as a potential gas producer.
3D seismic survey will help locate the position of Ovwerston 2 well in Q4 2003...this will also fully evaluate the highly significant Showgrounds sandstone which was not tested in Overston 1.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $92.20M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 29.0¢ | $292.4K | 985.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 75420 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 102282 | 4 |
View Market Depth
| Last trade - 16.18pm 15/09/2025 (20 minute delay) ? |
| SHG (ASX) Chart |