Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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There will be very-limited, if any Winx announcements until the logging programme is complete and the JVP have definitive results to make a data-driven decision. Below is some reservoir information I've gobbled together from various sources (accuracy uncertain). If any posters have other relevant reservoir data to add to the table that would be great - just trying to get a handle on potential Winx Nanushuk flows rates if the decision is made for a production test.
kind regards OldGeo
Willow Putu Stoney Hill Pikka/Horseshoe Horseshoe-Specific Winx1
https://www.screencast.com/t/xCUnBx5K
thanks to OldGeo
of Pressure as well from current drilling and wireline logs too. This will give a strong indication if commercial flow can be achieved. Im not expecting any issues on Net Pay or flow rates.
I see your point. Yeah, semantics. A depth highly likely to be profitable but only with a good flow rate. Then followed by a commercial flow rate. :p
They could confirm a commercial depth of say 80ft, then it dribbles out (after frack) at an uncommercial flow rate. To me these are two very different indicators of risk.
some trades just been removed.whats going on?
19.7%
Pilot - good luck with getting one of them !!!
Amazing how SP differs LSE says 23.94% UP Interactive Investor say 17.7%???
Engines screaming, aircraft shuddering. Just need the pilot to release the brakes.
…..we seem to be glued to the spot.... hour left to break free....6p calling
The primary objective of Winx-1 is the Nanushuk Topset play, targeting the Nanushuk 4 and 5 sands. As can be seen in Figure 3, the Winx prospect has been identified using the Nanuq South 3D which covers the third party 2017 Horseshoe discovery plus a large swathe of the "Western Blocks". Similar amplitude response is observed at the Winx prospect to that seen at the successful Horseshoe well location, which is situated approximately 4 miles (6 kilometres) to the west.
I'd say 15p on commercial quantities, but nearer 40p on commercial flow rate.
on commercial find.
RNS is OZ later if they fear this is leaking?
Agreed. A leak will see this jump in a straight line up or down within minutes.
Nothing massive bricks just over 10k
You’ll know a leak, you’ll be quickly over 7p/8p IF it’s good. For now it appears trading range and 88e movements likely expectations and FO this month, coupled with slightly less risk Seems everyone thinks a leak after a 5% jump ;) Trust me you’ll know if there a leak. Sink or boom very quickly After 5 days or WL they will have a good idea I hope no RNS Friday, as Fridays are normally bad news days!
Degsy is that your Twitter account:)
Ladies and gentlemen
Bigbench, how much you got on this, in gbp?
6p could go this afternoon if this is a leak
Sounds good Degsy...hope your long and not short on this baby!
Early wireline logging program at Winx-1 in Alaska mirrors that of the Horseshoe discovery in 2017 according to local geologists https://twitter.com/simmonds890/status/1105094136917647360?s=21
i would think a number of shorts have been closing today hence why we have had some strange movements. You would be absolutely mad to have a short open beyond today imo so this may propel a further rise into close