Hmmm, .....summing up:
Anshof 2 sidetrack:
Adx did not drill the side track of the oil well Welchau 2a now or else Adx misses the time window during winter to drill the Welchau 1 gas exploration well. Because of this situation Adx has extra costs for rig down, transport and rig up. It is the purpose of appraisal wells to find the oil water contact. Unfortunately Welchau 2 hit the water respectively the oil water transition zone hopefully?
Welchau1 gas exploration
The Welchau 1 is not as deep as Molln 1 and perhaps (?) Molln 1 is in the environmental protected zone. Probably this are the reasons that Welchau will not be drilled on the same location as Molln 1 which would be the best location with the best chance to find the same gas again as OMV, 30 years ago.
Fingers crossed Adx is not anymore an unlucky oil & gas company.
- Forums
- ASX - By Stock
- ADX
- What makes welchau different is, we know gas is there, we just have to drill in the right spot.
What makes welchau different is, we know gas is there, we just have to drill in the right spot., page-8
-
- There are more pages in this discussion • 8 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 ADX (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.0¢ |
Change
0.001(1.01%) |
Mkt cap ! $56.87M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 10.0¢ | $27.70K | 268.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 384642 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 67468 | 0.099 |
1 | 71151 | 0.096 |
4 | 188578 | 0.095 |
2 | 117603 | 0.094 |
1 | 107500 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 340702 | 6 |
0.110 | 587541 | 8 |
0.115 | 129700 | 3 |
0.120 | 53358 | 2 |
0.125 | 16000 | 1 |
Last trade - 15.54pm 16/08/2024 (20 minute delay) ? |
Featured News
ADX (ASX) Chart |