MMR 0.00% 0.4¢ mec resources limited

This has been at the reqest of the companyFrom this mornings...

  1. 1,573 Posts.
    This has been at the reqest of the company

    From this mornings announcement

    "The well logs from New Seaclem-1 show this sandstone unit to be:
    1. Greater than 40 metres thickness
    2. Average porosity of 30%.
    The seismic line (oriented southwest to northeast) suggests there is significant updip structural potential
    which has not been tested. The size and extent of any structures targetting these reservoirs would require
    the collection of additional seismic data.
    Further details will be announced in due course"

    Doubt that this will reopen today and possibly wait until they have reached the new target
 
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