Member Info for soulac

And reading Rns they planning to drill a lot of wells this year 500bopd plus on the cards this year.

Penny. Gla

Was going to say the same . Can see a very good day ahead

With oil expecting to go higher this could accelerate drill programs. And be easier to get a loan facility.
Looks like everything falling into place.

And set to go higher,
https://finance.yahoo.com/news/oil-prices-rise-decline-u-drilling-activity-opec-003547515--finance.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_sig=AQAAAGnrN-FYdj51ONW_Q8BCGFXT1QKmaoYPdJWka6oolosn6xI4zS027iTSZfUz1jV1yZicpPa9l9S_m7IxFDIzhUBWBoSQGMxgWDI76pvllgxo2iw4b16GdhXtO8_GUopey9uez4HEzH_Fcjhp6PFzsF4PgSCrx-K3VM5KHVuTUczt

And they are flowing naturally to surface. No pumps required more profitable.

That's just nearly double our production.

Sellers out the strong finish.
Tomorrow could be a very interesting day with 4 days off. Rns could land on Tuesday with flow rates and maybe update from santos.

For 30 mins when this happens it's been followed by a few large buys. Let's see.

I think it's.70??

Tick up coming

This is strong and only 9.30am

Looks like this could breakout gla

In

Just shows they are after the big discoveries.

Successful Corvus-2 appraisal well discovers significant offshore resource
Santos today announced the successful appraisal of the Corvus field, with Corvus-2 confirming a significant gas resource in the Carnarvon Basin, offshore Western Australia.

The well, located in petroleum permit WA-45-R, in which Santos has a 100 per cent interest, is approximately 90 kilometres northwest of Dampier in Commonwealth waters and reached a total depth of 3,998 metres. The well intersected a gross interval of 638 metres, one of the largest columns ever discovered across the North West Shelf.

Wireline logging to date has confirmed 245 metres of net hydrocarbon pay across the target reservoirs in the North Rankin and Mungaroo formations, between 3,360 and 3,998 metres.

Higher permeability zones than encountered in Corvus-1 have been observed from initial pressure sampling completed in the well. Compared to Corvus-1, initial samples acquired from Corvus-2 indicate a significantly higher Condensate Gas Ratio of up to 10 bbl/mmscf and a similar CO2 content of 7 per cent.

Full Rns
https://www.santos.com/media-centre/announcements/successful-corvus-2-appraisal-well-discovers-significant-offshore-resource/

Nice and tight, think this will move on now.

Are flow rates expected next week???

Let's hope they keep rolling in.

They must have grate confidence in this well, this has been 2 year in planning and are willing to pay up to $12 million for 70% interest.

Does anyone know the establishment time for drilling.
It's only 3800m ?????