The well will be perforated & go straight in to production as they have no need for flow rates as it is commercial. Once they start producing they will know the rate of flow of oil through the meters. I'm very Suprised that DL is talking about pressure on the other side of the fault on a public form. If this is proved incorrect, it won't go down to well. If a PI was stating this, it would be classed as ramping, just a thought
Worth remembering trinidad has incentives to drill for the next few years so it's in their interest to get allot of the trolling going. I can see a senior debt deal by end of September and a more aggressive drilling program of Goudron and trinity
Already a life changer for me.bought millions between .53 and .93 and can't believe how much further we still have to go ! Few months ago i would have snatched your hand off for 3.5p and would have been comfortably off, but how things have changed we are still cheap now at this price. Just keep looking at my a/c's and shaking my head expecting to wake up. :-))))))
Well all I can say is that is he gets success in the first 5/6 drills with a total of 92 then the prospective sp is going to go stratospheric, even allowing for averaging out of flow rates. There are going to be a lot of very happy punters around in the next 12 months IMO. I can see him more than doubling up on drilling equip and expanding the whole deal very fast. Once the oil starts going down the pipes, the BOD do know what they have got and what they are going to do with it :-))
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