Australia's largest stock trading and investment forum Australia's #1 stock forum

SXY

Click for more information

1.59%

$3.10 senex energy limited

Thabk u..that backs up and clarifies what I was told by a...

First 66 Last

Share
Profile

Follow
stayer

4,717 Posts.

37

14/08/18

07:47

Post #: 34914231
Share

Originally posted by rollacoaster ↑

G12mo has always had doubts, trouble is that Senex keeps ticking all the boxes he is going to run out of things to doubt.

Seriously though have a look at the detailed maps Senex put out in the latest quarterly or Reserves statement for Atlas, have a look at how many wells have been drilled hard up against the Atlas border and tell me it is not in a good spot and is not extremley derisked - particularly the north/western half.

The (south) eastern side may not be as sweet as it is not derisked and as such they haven't booked reserves accordingly.

Expand

Thabk u..that backs up and clarifies what I was told by a driller some yesrs ago... . and that was that the leases to the south east from wandoan west would taper off

SXY Price at posting: 48.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

ASX Market Open: Trump-led market run falters in new week | November 18, 2024

HotCopper Highlights: Your most watched stocks for Week 46, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 8 more messages in this thread...

First 66 Last

Add SXY (ASX) to my watchlist

SPONSORED BY