Can any expert Geos provide a rough calculation of the kinds of techniques and their typical costs if oil is indeed extractable from JW?
Obviously, more freely flowing oil would have permitted easier/less costly extraction.
But now, if recalculations for more complex/costly extraction methods are necessary, which can then be weighed against current oil prices and profit margins...
then what does the picture look like? I haven't given up on JW1, but don't have the knowledge to judge if/when I should, so any advice/expertise is appreciated.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 20315 | 5.3¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 20315 | 0.053 |
4 | 585734 | 0.052 |
3 | 840000 | 0.051 |
3 | 500000 | 0.050 |
1 | 100000 | 0.044 |
Price($) | Vol. | No. |
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0.055 | 135000 | 1 |
0.056 | 15000 | 1 |
0.058 | 6030 | 1 |
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0.060 | 150000 | 2 |
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