I don't see how you can say that the NT has already been explored .
The area is vast and there have not been many deep boreholes .
Tech has moved on with affordable geo-steering of bits and hydraulic fracturing if allowed . If one is relying on natural fractures for economic flow then a horizontal has a much higher chance of intersecting them .
They had to drill a lot of wells in the British part of the North Sea Oil province before a commercial find was made .
I don't see how you can say that the NT has already been...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $228.8M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 22.0¢ | $9.529K | 42.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 213601 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 39672 | 5 |
View Market Depth
| Last trade - 14.46pm 03/12/2024 (20 minute delay) ? |
| EEG (ASX) Chart |
