Just been reviewing what has been said by FAR amnd shown in presentations and a few things stand out:
Buried Hills: pre-drill Bel-1 was shown as having 3 main sands and post-drill it is now represented as having gas in the higher sections of each of the sands and oil in the lower (down-dip) sections. Seems that this is a relatively strong "expectation". This could be replicated in the other buried hills prospects.
This in the SNE-4 results announcement augers well for additional oil:
Recent graphics of the Sangomar Deep block prospects and discoveries show SNE, Sirius and several Buried Hills prospects all dumping up against and most likely extending into the shallower Sangomar block to the east. We know that SNE-4 did not even go close to defining the eastern boundary.
- Shallower gas sands first discovered in BEL-1 and SNE-3 were also present and gas bearing in SNE-4. The potential for down dip oil in these extensive reservoirs is being assessed
Added to this is the comment that Cath made in her latest video that: "..... In addition FAR has farmed into a neighbouring block [Djiffere] where we see an extension of the SNE field”. I hope she meant that and I have emailed her for confirmation but she has been travelling and very busty so no reply yet.
This all gives me somemcomfort that we have indeed "only scratched the surface" in exploring our acreage in Senegal.
H
- Forums
- ASX - By Stock
- Upside in oil volumes in Buried Hills, SNE and Sangomara and Djffiere
Just been reviewing what has been said by FAR amnd shown in...
-
- There are more pages in this discussion • 127 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5993 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 5982 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.500 |
2 | 28930 | 0.480 |
2 | 70000 | 0.475 |
3 | 84150 | 0.470 |
2 | 60000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 50000 | 1 |
0.530 | 10000 | 1 |
0.540 | 22471 | 1 |
0.550 | 82295 | 3 |
0.590 | 5000 | 1 |
Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online