Previous Close | 0.0700 |
Open | 0.0700 |
Bid | 0.0750 x 0 |
Ask | 0.0900 x 0 |
Day's Range | 0.0700 - 0.0750 |
52 Week Range | 0.0150 - 0.0750 |
Volume | 57,999 |
Avg. Volume | 13,360 |
Market Cap | 8.694M |
Beta (5Y Monthly) | 0.38 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.0160 |
Earnings Date | Feb. 14, 2020 - Feb. 17, 2020 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Project Venus' ATP 2051P area totals 154 km2 (Real Energy 50%/Strata-X Energy 50% JV) and is located within the productive Walloon CSG fairway of the Surat Basin. Successfully proving commercial gas flows at a Venus Project CSG pilot will allow the predictable conversion of the 694 PJ prospective gas resources certified in ATP 2051P into reserves. The first pilot well, Venus-1, a new vertical well is to be drilled to approximately 650 metres - drilling ...
Highlights  On 5 March 2020 Strata-X announced a Heads of Agreement with BotsGas Pty Ltd ("Botsgas") for a staged farm-out program designed to de-risk the Serowe CSG Project and, if successful, to prove sufficient reserves to secure a foundation Gas Sales Agreement. Due to execution complexities surrounding the COVID-19 pandemic, the parties have agreed on a revised structure for Botsgas to farmin to the Serowe CSG Project. The revised Heads of Agreement (which replaces the terms announced ...
Up to 7 Appraisal Wells and 3 Multi-well Production Pilots Strata-X executed Heads of Agreement with BotsGas Pty Ltd ("Botsgas") for a staged farm-out program designed to de-risk the Serowe CSG Project and, if successful, prove sufficient reserves to secure a foundation Gas Sales Agreement (GSA).If all stages are progressed, BotsGas will fund 100% of the estimated costs to drill, complete and test up to 19 wells subject to any cost overruns that will be ...