"The Company’s proposal for Farmout involves the funding by the Farminee of the drilling of an appraisal well at Idris to validate the updip potential of the oil leg encountered at Gwydion as well as verify the likey minimum commercial volumes. Well costs for this well are estimated to be around US$12m, and IPB will also be seeking a re-imbursement of certain backcosts in exchange for an interest in its WA-424-P Permit."
from the last quarterly report...
Ann: Idris Prospective Resources Significantly Increased, page-9
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.532M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1219659 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 900393 | 3 |
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