I think they are comsec trades settled with the Chi-x system, the normal comsec doesn't show them until eod but the Comsec Iress platform has everything. The trade probably happened during the day but I haven't updated the subsciption yet so not totally sure.
Oil and Gas prices were good for March Qtr, somewhere around US$107/bbl Oil and $4.75/mcf Gas. Desiree Jan/Feb, D&L3 Jan and Abita Jan prodn no's are in Sonris. My guess is our share for the qtr is around 18,995bbls Oil and 19,955mcf gas for the qtr. If the costs are in line with Dec forecast cash should be about $2m. Phasing of receipts will be different so could be out a little.
That other well (not ours) is drilling ahead without problems as per sonris. Looks like some logging was done where an old well produced and now onward to deeper TD. Whilst not ours this one will give an indication of the field so imo important to watch.
Interesting to see AKK, SSN, CTR all drilling and good news but SP flat or down whilst other coys with no drilling up. Imo there is more a mkt issue at play atm to consider than news and the quarterlies will highlight this later in the mth when reality sets in.
Also, most of the others convert gas to oil equivalent on energy content (/6) this over inflates oil equivalent when $100 oil price used. NPV's etc will all be overstated also so be careful when comparing unless we assume gas price will reach US$30 which is unlikely. All my opinion only, please check with own research, this is a hobby for my purposes only and may not be correct.
Cheers
GGE Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
