Member Info for Adon30

As Ezhik has said, and as Hydras has said and as I have said previously. The lack of drop in pressure signifies a much bigger well and multiple attached reservoirs to drain at a continued high rate.

People thinking that increasing the well length by 40 times is going to also increase the flow by 40 times logic is completely amiss. As I have also said. I would never want to see this well ran at a maximum rate. This could do untold damage to the well bore including destroy itself for future production.

Peak rates and production rates are two completely different things.

Excellent news. Lets get it on production and then get a lateral drilled at Federal 28 and the salt wash drilled!

If you don't choke a well like that you have the issues we had a couple of years ago where equipment gets stressed and fails and the pipe crimps into a tangled mess. Do not want to be back at that point again!

Exactly. Was always a proof of concept drill. Hence all the research grants. They have proven even with acidisation you can achieve good commercial flows and not yet fracked.

Also "with no material drop in bottom hole pressure." suggests multiple high pressure discoveries made using this technique.

Remember that this is still an unfracked well. So can increase recovery later if production dips.

This is a marked improvement on the short lateral though. Removes the compartmentalisation abiguity. And this provides more stable production flows for longer.

The well is as expected based on all the previous tests and good for onshore production.

Yes, people shouting about 5000+ were not even on the right page. I did warn people about that.

Another good part from the test:

"Water cut was less than 0.5% throughout the duration of the test."

Saves costs on water disposal and improves economics.

No obvious flare for last pass (6th). But could be running shut in tests though as part of the process

Still flaring on image from yesterday (3rd)

Federal 28 is already tied in and State 36 is very close to existing lines. Would just need pipeline commisioning and the facility upgrade (possibly a skid mounted system) to process the gas. They already have tanks approved at (I think) State 36

Yep. Can see it in the cloud shadows from the images on the 1st

Only Tyndall and one other have declared as being above the 3% threshold. All of the others like edale and spreadex sold out around 2021.

There may be circumstances where holders don’t need to declare but you would have thought such a large interest would have had to by now.

I would suspect by the known composition of the previous test that the gas is quite rich and wet that they are burning. The condensate they have previously extracted is also quite prized at 58 degrees API.

Also a reminder note from the previous testing RNS " and these liquid yields were on an increasing trend at the conclusion of the test."

Maybe as a peak flow... I wouldn't count on that for continuous flow. Hoping for little to no water with the flow rate results though. More interested in recoverable quantity.

Those early block sells were bought back as single buys. Later ones are probably just people being confused because of a tiny drop. Probably some chart related gumph which never works with companies like this.

Weather has been OK with minimal rain past month. Strong wind on the 17th and some wind again on Sunday. But should be manageable

Remember we have 100% working interest. So a very good point to negotiate from. Was a shrewd move at the time.

Sorry I’ve been travelling today. I’ve tried to look at latest image but appears cloudy. Only on a small screen though.

Not to worried as expect them to be making progress Last Thursday (or Tuesday? Can’t remember which) was really windy. Around 40-60mph at times but that soon settled down and was only one day with a small amount of rain after. Shouldn’t have really delayed anything.

Thanks for the updates all. Good info to know. I will try and get to watch the presentation as soon as I can. They are building a very good foundation

No flaring yet. But then there hasn't been a latest image since the update on X.

My read of that post ws there has been some weather issues prior as they were rigging up on a calm day.

The other thing I have just noticed is in the following "the lateral portion of the well was successfully perforated with 98 cuts across a total of 16 stages targeting optimised sections of the reservoir. As part of the operations, the Company deployed a wellbore perforating technology developed by Halliburton which used a mix of sand and water to cut cavities through the casing and into the reservoir in order to maximise the reservoir's connectivity. "

It looks as though it used a form of sandjet to perforate the wells. This can give a much cleaner perforation and less rock compression. Which will also give a greater area for hydrocarbons to flow through.

Or maybe 2 ISA buys….

Looked like an ISA transfer to me. Don’t blame someone wanting to make profit tax free.

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