whats it got to do with sle..go and find !!!...why should I keep telling you whats it all about...and anyone could post production will raise sp..again as if anyone wouldn't know any different.....tell me what happening in morocco/lewino/kety etc.....go on!...you wont know that either.......two fingers ....frack off!
His second post concerning 'something special' refers to the Moroccan well, sm-1, not the first technical post on Polish shale. However, your point is well made concerning production although the SP will rally on good news IMHO.
Links Yet another one of your long winded technical reports followed by a typical statement :-"This could be something special." What has Orlen got to do with San Leon? Despite your perpetual optimism no significant rise in SP. Surely even you have some doubts. I agree that this company has great potential BUT until there is production the SP will not change. I sincerely hope it does and if it does for your sake I hope the "I told you so" is worth all the hours you spend in front of a computer. There must be more to life!!
ORLEN Upstream and Tenaris find solutions for shale well in Poland
Polish company ORLEN Upstream drilled a challenging horizontal well with TenarisHydril Wedge 563™ premium connections and Tenaris technical and field services.
A promising land
Oil and gas companies have been actively exploring the contact zone between the East European Craton and the west of the European Platform since the 1970s. The vast majority of the operations led in this area have so far involved conventional wells. Today the target has changed. Hydrocarbon exploration is focused on finding unconventional reservoirs that can be economically viable.
The operating company ORLEN Upstream, a subsidiary of PKN ORLEN, the largest crude oil refining company in Poland, is exploring complex Lublin Basin assets that extend under Poland and Ukraine. The operator had drilled several vertical wells and two horizontal ones before taking the challenge on drilling Stoczek-OU1K horizontal well. The aim of this new project was to explore the gas accumulation and producing capability in the Lower Silurian and Ordovician shale deposits.
ORLEN Upstream chose TenarisHydril Wedge 563™ connections along with Tenaris technical and field services for this operation. As a result, the operator managed to overcome the many challenges posed by this well and reached the target depth.
Paving the new roads in Poland
Poland is recognised for its potential in terms of shale gas. Therefore, the country has been working to improve the availability of instruments and equipment, as well as human expertise, to develop the necessary infrastructure. Drilling wells costs three times more in Poland than in the United States, making connection performance essential.
The Stoczek-OU1K well is one of a few shale horizontal wells drilled in Poland so far. As in every exploratory well, many conditions were unknown. This situation called for special product requirements. Superior compression efficiency, torque capability and fatigue resistance were a must for the production casing string that, in order to be installed in the horizontal section, had to be pushed and rotated several times to overcome frictional forces and thus reach the target depth.
High torque resistance and compression efficiency
For the challenging Stoczek-OU1K well, ORLEN Upstream chose 5 1/2" 26.80ppf Q125 with TenarisHydril Wedge 563™ for the production casing string. This technology is best suited for applications that require extreme torque resistance. This connection offers field-proven performance and is easy to handle and run. In addition, the Wedge 563™ ensures 100% ratings in tension and compression.
For this operation, the TenarisHydril Wedge 563™ premium connection came with the Recess Free B
That we haven't heard any information as to what Genel actually found down that hole. You'd have thought that something would have leaked out by now. But not long to wait before they make an announcement one way or the other. Our SP is up on probable speculation of a re-rating, but current broker target price is 7.9p and we are nowhere near that yet. Still, a lot of potential news due before Xmas. Let's hope it's all good
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