I don’t like the brittle tonality of the current COI announcements but I really like the messages ;-)
Now we have three successful wells awaiting production tests for oil and gas – great!
And the next well, Bull 42-1, has a much higher potential for oil. Now we are talking about 3+ mmbbls of oil potential. If this well comes in too, it should be a turnaround for COI.
Surface casing and Blow Out Preventer are successful set and tested - all good ...
A fifth well, Cutthroat 23-29, is still awaiting the drilling approval; I expect that this well due to drill immediately after the Bull well.
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $131.6M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $65.48K | 573.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 603081 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 184524 | 3 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| COI (ASX) Chart |