In January STO are expected to spud an on shore well in on-shore New Guinea.
THis is a dinki di wildcat.
Target $500 millions barrels of oil
Cost $US9,000,000
HZN has 48% of this well and is trying to farm out some of its interest. This is a classic high risk high reward well. If HZN can farm out a proportion of the well in return for payment of its share of the well then it becomes a high upside low downside well for HZN. However if HZN has to ante up for its full share of the well then it is a company
maker-company ruiner type of well
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Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $221.0M |
Open | High | Low | Value | Volume |
13.5¢ | 14.5¢ | 13.0¢ | $791.7K | 5.705M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 309114 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 83500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 263923 | 0.135 |
7 | 774030 | 0.130 |
13 | 1651576 | 0.125 |
14 | 908324 | 0.120 |
3 | 342591 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 83500 | 1 |
0.145 | 2935677 | 17 |
0.150 | 2250052 | 11 |
0.155 | 1760835 | 5 |
0.160 | 543682 | 6 |
Last trade - 16.10pm 24/05/2022 (20 minute delay) ? |
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Last
14.0¢ |
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Change
0.010 ( 9.80 %) |
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Open | High | Low | Volume | ||
13.5¢ | 14.5¢ | 13.0¢ | 2200250 | ||
Last updated 15.50pm 24/05/2022 (live) ? |
HZN (ASX) Chart |