RE: Correct me if I am wrong14 May 2018 16:04
CupazStu as far as I am concerned its your money and as long as you take responsibility for your investment decisions that is fine. :-)
This is not a pressure issue, the formation is over pressured which should be good for COS, for what ever reason and I am unsure if any one outside of the magic circle really knows we failed to shift the 30% of the frack fluid that we needed to before winter, perhaps we over choked the well in order to protect fraccing we had done, perhaps we should have shut in the well longer the first time to ensure sufficient soak of stimulation fluid into the formation.
Remember we have a 4 KM tube full of heavy frack and formation fluid to lift.
This time we will via coiled tubing be lightening that fluid by the use of artificial lift - nitrogen so should hopefully clear that outstanding 10% of frack & formation fluid a lot quicker and then have time to properly complete the flow testing.
BUT we are not just about HRZ, we have 3D being analysed in respect of Icewine conventional & Yukon Gold our new leases in the North East of the North Slope, results of the former should be seen within the next two months and possibly we will see initial results of Yukon not much later.
Nothing certain in this world and there is plenty of risk, but there is also massive potential IMHO.