?X Under the transaction, Santos acquires (net of on-sale to TRUenergy):
- 684 PJ net 2P reserves
- 1,259 PJ net 3P reserves
?X Santos?? net 3P reserves in Gunnedah increase by 128% to 2,238PJ
?X Attractive acquisition price of A$0.50 per GJ of 3P reserves
Previously (Nov10) COI:
COI permits cover 13,028 km2of the northern Gunnedah Basin
>PEL 427 (COI 25%)
>PEL 428 (COI 20%)
>Both permits are operated by Eastern Star Gas, and are located immediately north and west of ESG??s Narrabri Gas Project in PEL 238
>Significant consolidation has occurred in the Gunnedah Basin over recent years
Can some one figure out implications or COI?
This can't be bad news unless a boat has been missed.
Any views?
?X Under the transaction, Santos acquires (net of on-sale to...
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $137.5M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $64.35K | 536.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 113694 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 469092 | 6 |
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| Last trade - 10.56am 18/09/2025 (20 minute delay) ? |
| COI (ASX) Chart |