RE: Buy when there's blood on the streets they say25 Feb 2025 14:31
Gordon
Im going to stick my neck out and theres a very strong chance more then 80% younwill get to that target price on new well drill
Im far more atuned to what selan are saying then syn right now
Selan are in total control, roland know it and that why he threw 25k in for the first time
Exciting Future Ahead for Selan Exploration Technology Ltd! | MCap 991.5 Cr | PE 14.10
🚀 Big plans are unfolding at Selan Exploration Technology Ltd! Here's what you need to know about their upcoming projects. 👇
🔑 Key Highlights:
- Selan Exploration Technology Ltd has shared an operational update on the Cambay field.
- They identify potential for appraisal and development in all 3 reservoir zones within the Cambay PSC.
- Data collection and workover activities have been performed on nearly 10 Cambay wells.
- A 30T workover rig improved production on two wells.
- Future plans include the use of SOT and 100T workover rigs for 5 to 6 additional wells in Q1 and Q2 of 2025.
- An amendment to the Farm In Farm Out Agreement allows staggered drilling of 3 wells within a $10 million carry.
- A tender has been issued for drilling rig services, with plans for the first well to be drilled in Q2 FY 26, pending rig availability.
- All operations are subject to regulatory approvals, with stakeholders kept updated on significant developments.
🔹Company Profile:
Name: SELAN EXPLORATION TECHNOLOGY LTD
Symbol: SELAN, BSE:530075
PE: 14.1
Market Cap: ₹991.5 Cr. == Approx. $0.12 B
Sector: Oil, Gas & Consumable Fuels - Oil Exploration & Production
💬 What do you think about this new development? Share your thoughts in the comments!
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🕒 This update of SELAN EXPLORATION TECHNOLOGY LTD was recorded at February 10, 2025, 09:31 PM
Disc: Information provided in this tweet can be inaccurate, verify through the source before making any investment decision.
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