Hi 87
Drilling is reported as going to plan.
Notable points I think revolved around Liberty
The frac gear has arrived in Darwin .
Will have 32 pumps instead of the previous crew with 16.
The plan is to drill 2 wells back to back and commence fracking on the 1st November with 5 to 7 stages per day with 60 stages each well. So should be completed with IP30 just after the Christmas break. Results should be more consistent and possibly higher with greater potential flow pressure.
Sand cost with bags from China is currently USD 4.5 million per well and with local mining the cost could be reduced to 1 million per well in later wells.
All going well it is a hold for me.
Cheers and good luck to all holders
Hi 87Drilling is reported as going to plan.Notable points I...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TBN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $298.7M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $47.26K | 325.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 3558360 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 61300 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| TBN (ASX) Chart |