Member Info for bynari

Here's a brief summary of what they'v drilled so far at Winx-1 with WL logging underway as per the last rns update.

Spud Winx-1 15th feb
1) Seebee target at 4252 feet
2) zone of interest: 4460 to 4530' : apprx thickness 70 ft
3) Nanushuk topset: 4667 to 4901': apprx thickness 234 ft (shows encountered on the Gas Chromatograph)
4) Top of Torok formation: 4913'
5) Sandstone sequence at : 6052' (shows encountered on the GC)
6) TD: 6800 ft on 3rd March. Logging underway

WL logs should confirm the exact net & gross thickness & fluid saturation within the zones of interest.

To get an idea of the WL Logs for the Nan-Tor sequence drilled in a discovery well, refer slide-20 showing the log from Repsol's Q#3 discovery well.

This shows the Nanushuk on top of the Torok formation. Green line denotes the Gamma ray Log that is commonly used in the Industry to identify Sands vs Shales. The Nan Sands in this case r clear & highlighted in yellow. The sands in the Torok are Shale rich, so the sequence is thick with thin sandy zones that r waterwet. Red vertical line is from the Resistivity Log which helps to identify Oil & Water bearing zones. Log shows the oil payzone in 'green' which was subsequently tested by Repsol.

http://dog.dnr.alaska.gov/Documents/ResourceEvaluation/20180521_DiscovThinking_Decker.pdf

thanks poster Ya

A reasonable view here given by respected poster ya on hotcopper below Wed 6th March RNS

WL logging for a 2072m (6800') TD doesn't take long, the update says 'interpretation'. They should b able to read the net/gross pay pretty quickly. Question is which zones has got movable HC's present & what's the reservoir property over that interval.

The openhole at Winx-1 should b apprx 4300ft in length (i.e, from 2500ft which was their last casing point to final TD of 6800').

So the Operator will run multiple tools & collate as much info as they can depending on their logging contractor (Halib'ton, Sperry, Baker or SLB).

If there r multiple zones of interest, then they'll run something like a triple combo tool first, then the MDT probe & if reqd take side wall cores (SWC) since they haven't drilled a sidetrack to core the main reservoir.

The swc's look like champagne corks so r sent off to the lab for poro/ perm measurements.

The MDT tool can take time for multiple zones as they stop & seal the pressure pads & take a jab of fluid so its like a mini-DST as it measures pressure, drawdown, perm & obviously the fluid content. Data from the SWC's & MDT fluid as well as production test is whats reqd to lock in a Contingent Resource assuming the net pay is thick with oil (& not water bearing). GLTA.

liamnicholas - here for you the Nanushuk & Torok Formations explained in a video presentation to add to your file
https://vimeo.com/301432243

Nanushuk & Torok Formations in detail
https://www.akrdc.org/assets/Conference2018/Houseknecht.pdf

Three discoveries in Arctic Alaska announced since October 2015 each have recoverable oil potential of 300 to >3,000 million barrels (MMBO). The discoveries occur in the distal part of a giant, Lower-middle Cretaceous clinothem comprising bottomset and foreset seismic facies in the Torok Formation and topset seismic facies in the Nanushuk Formation. The most thoroughly tested discovery (Pikka), in the Nanushuk Formation at 4,100 ft depth on the Colville River delta, is estimated to hold 497 to 3,758 MMBO (30° API).
Another Nanushuk discovery (Willow), at similar depth in northeastern National Petroleum Reserve in Alaska, is estimated to hold at least 300 MMBO (44° API). Seismic and nearby well data suggest that both accumulations are stratigraphically trapped in lowstand shelf-margin delta systems.
The third discovery is in the Torok Formation at 5,000 ft depth in Smith Bay, about 95 mi west of the Pikka discovery. In-place resources of 6,000 to 10,000 MMBO (40-45° API), with possible recovery factors of 30-40%, are estimated by the operator based on 3-D seismic data and two exploration wells. Operator statements, plus seismic and nearby well data, indicate the accumulation is stratigraphically trapped in lowstand, basin-floor fan deposits.
The three discoveries lie on or near the Barrow Arch, a regional structure that focused oil migration from the south (Colville Basin) and from the north (Canada Basin rifted margin). Fetch areas include high quality, oil-prone source rocks in Triassic, Lower Jurassic, and Lower Cretaceous strata. Source rocks range from thermally immature to mature on the arch to overmature in deep areas north and south of the arch.

Horseshoe 1 well drilled in 2017, located 4 miles east of Wink-1 200m oil column across Nanushuk fairway oil type sweet crude oil of recoverable
https://www.asx.com.au/asxpdf/20171101/pdf/43nvwgl0r48s95.pdf

Also good price for Winx-1 recoverable oil
http://www.livecharts.co.uk/MarketCharts/brent.php

if you missed it also

Gracjan Lambert CEO RMP - Red Emperor interview on why Winx-1 is "a blue sky event" his words

https://www.youtube.com/watch?v=F3Qn9Orz8fc

if you missed it

Greg Bandy MD of RMP gives a good presentation to investors

https://www.youtube.com/watch?v=C0sju7Cr37g&feature=youtu.be

RMP resistance levels 5.1 7.923 9.815 10.36 12.999

- On reaching final Total Depth a comprehensive wireline logging program will be implemented in order to further evaluate all the Nanushuk / Torok zones of interest and determine whether to proceed with production testing

Winx-1 intersected the primary Nanushuk topset targets between 4,667ft and 4,901ft. Elevated mud gas readings, oil shows and an increase in LWD resistivity were observed in multiple topset features within this primary target interval of the well.

Data obtained by the Joint Venture consortium from a nearby successful third party Nanushuk well has proven comparable to that observed in Winx-1 over the same topset features, thereby providing early encouragement. These initial observations and interpretations, whilst encouraging, should be treated with some caution as additional data and analysis are required for further assessment and validation.

The previously announced interim drilling results of 1 March 2019 were related to an interval in the Nanushuk Formation above the primary target zone. This interval (4,460ft to 4,530ft) remains the subject of further ongoing analysis to determine prospectivity.

The well successfully intersected the top of the Torok Formation at 4,913ft. The Topset Sequence 4 sandstones (secondary target) were encountered at approximately 6,052ft. Elevated mud log gas readings (C1-C5) associated with oil shows and an elevated LWD resistivity response were recorded during the drilling of this sequence.

On reaching final Total Depth, the forward plan is to run a comprehensive wireline logging program over the zones of interest. Subject to the results of this program the Joint Venture consortium will then decide whether to proceed to stimulate and test the most prospective of the Nanushuk primary targets.

The Winx prospect is a 3D seismic defined conventional oil prospect in the successful Nanushuk play fairway with a gross mean unrisked prospective resource of 400 million barrels ("MMbbls") (126MMbbls net to Red Emperor) and is adjacent to the Horseshoe 1/1A discovery well drilled by the Armstrong/Repsol JV in 2017. Refer to the Company's announcement of 25 June 2018 for further details.

Cautionary Statement: The estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration, appraisal and evaluation is required to determine the existence of a significant quantity of potentially moveable hydrocarbons.

http://www.rns-pdf.londonstockexchange.com/rns/7163R_1-2019-3-4.pdf

Figure 1 | Winx-1 exploration well, Western Blocks, Pikka B well, Alaska North Slope and Nanushuk Fairway

The primary objective of Winx-1 is the Nanushuk Topset play, targeting the Nanushuk 4 and 5 sands. As can be seen in Figure 2, the Winx prospect has been identified using the Nanuq South 3D which covers the third p

Red Emperor (LSE:RMP)

Today : Monday 4 March 2019

ALASKA OPERATIONS UPDATE:

ADDITIONAL INTERIM DRILLING RESULTS

The Board of Red Emperor Resources NL (ASX/AIM: RMP) ("RMP", "Red Emperor" or the "Company"), is pleased to provide an operational update with respect to the drilling of the Winx-1 exploration well ("Winx-1"), located on the Western Blocks, North Slope of Alaska.

Highlights

-- Primary Nanushuk targets (topsets) intersected between 4,667ft and 4,901ft
o Elevated mud gas (C1-C5) associated with oil shows and increase in LWD ("Logging While Drilling") resistivity recorded within this interval

o Initial interpretation encouraging based on comparison to data from nearby successful third party Nanushuk well

-- Previously reported Upper Nanushuk Formation interval (4,460ft to 4,530ft) remains the subject of further ongoing analysis

-- The Torok Topset Sequence 4 (secondary target) was intersected at 6,052ft with elevated mud gas readings (C1-C5), oil shows and an increase in LWD resistivity being recorded

-- On reaching final Total Depth a comprehensive wireline logging program will be implemented in order to further evaluate all the Nanushuk / Torok zones of interest and determine whether to proceed with production testing

Winx-1 intersected the primary Nanushuk topset targets between 4,667ft and 4,901ft. Elevated mud gas readings, oil shows and an increase in LWD resistivity were observed in multiple topset features within this primary target interval of the well.

Data obtained by the Joint Venture consortium from a nearby successful third party Nanushuk well has proven comparable to that observed in Winx-1 over the same topset features, thereby providing early encouragement. These initial observations and interpretations, whilst encouraging, should be treated with some caution as additional data and analysis are required for further assessment and validation.

The previously announced interim drilling results of 1 March 2019 were related to an interval in the Nanushuk Formation above the primary target zone. This interval (4,460ft to 4,530ft) remains the subject of further ongoing analysis to determine prospectivity.

The well successfully intersected the top of the Torok Formation at 4,913ft. The Topset Sequence 4 sandstones (secondary target) were encountered at approximately 6,052ft. Elevated mud log gas readings (C1-C5) associated with oil shows and an elevated LWD resistivity response were recorded during the drilling of this sequence.

On reaching final Total Depth, the forward plan is to run a comprehensive wireline logging program over the zones of interest. Subject to the results of this program the Joint Venture consortium will then decide whether to proceed to stimulate and test the most prospective of the Nanushuk primary targets.

The Winx prospect is a 3D seismic defined conventional oil prospect in the successful Nanushuk play fairway with a gross mean unrisked prospective resour

Data obtained by the Joint Venture from a nearby successful Nanushuk well has proven comparable to that observed in Winx-1 over the same topset features, providing early encouragement. These initial interpretations, whilst encouraging, should be treated with some caution as more data and analysis are required for validation.

The previously reported (1st March 2019) interim results were related to an interval in the Nanushuk Formation above the primary target zone. This interval (4,460’-4,530’) remains the subject of further analysis to determine prospectivity.

The well successfully intersected the top of the Torok Formation at 4913’. The Topset Sequence 4 sandstones (secondary target) were encountered at approximately 6052’. Elevated mud log gas readings (C1 – C5) associated with oil shows and an elevated LWD resistivity response were recorded during the drilling of this sequence.

On reaching Total Depth, the forward plan is to run a comprehensive wireline logging program over the zones of interest. Subject to the results of this program the Joint Venture will decide whether to proceed to stimulate and test the most prospective of the Nanushuk primary targets.

looking good

"Data obtained by the Joint Venture from a nearby successful Nanushuk well has proven comparable to that observed in Winx-1 over the same topset features, providing early encouragement"

was only passing on good info to help others

if you care to look at my post this morning on 88e board you will see I have included Ya. My post here Ya was
accidently omitted. Not really bothered about so called board politics or you accusation of pretending anything
was purely accidental...

Pages 16 & 17
http://clients3.weblink.com.au/pdf/88E/02070754.pdf

Re Friday 1st March 2019 RNS re Winx-1 Exploration Well drilling

Question here. Does this wording " at the lower end of the range etc" refer to quantity of HC's intersected ? Quality ? Or technical aspects of getting it out ? Pressure, etc ? If POO goes up, does it become "commercial"

It basically refers to the thickness of the oil bearing Sands, reservoir quality & HC saturation (eg: xx feet of net pay with low oil saturation & High water saturation etc).

Gamma ray from the MWD tool can see the Sand from the Shale, while the Resistivity tool picks up any spike from HC's compared to the water in the drilling mud used for drilling. So the MWD tool gives a quick interp & if all is good, then they the Wellsite Geo informs the Driller to stop drilling, circulate bottoms-up, trip out the drillpipes out of the hole, rigup & run Wireline tools & collect fluid samples, take pressure readings etc before any formation damage sets in from the mud filtrate. If there r no shows, then keep drilling towards next target.

Not sure what their P90 estimate was & whether the 144 mmbbls net to 88E was for all the Targets mapped out in this well. Check slide 16-17 on their Winx presentaiton about the basin floor 'Fan' in the Torok. Drilling results from this aren't out yet so that could b on their next update.

Re Friday 1st March 2019 RNS re Winx-1 Exploration Well drilling

Question here. Does this wording " at the lower end of the range etc" refer to quantity of HC's intersected ? Quality ? Or technical aspects of getting it out ? Pressure, etc ? If POO goes up, does it become "commercial"

It basically refers to the thickness of the oil bearing Sands, reservoir quality & HC saturation (eg: xx feet of net pay with low oil saturation & High water saturation etc).

Gamma ray from the MWD tool can see the Sand from the Shale, while the Resistivity tool picks up any spike from HC's compared to the water in the drilling mud used for drilling. So the MWD tool gives a quick interp & if all is good, then they the Wellsite Geo informs the Driller to stop drilling, circulate bottoms-up, trip out the drillpipes out of the hole, rigup & run Wireline tools & collect fluid samples, take pressure readings etc before any formation damage sets in from the mud filtrate. If there r no shows, then keep drilling towards next target.

Not sure what their P90 estimate was & whether the 144 mmbbls net to 88E was for all the Targets mapped out in this well. Check slide 16-17 on their Winx presentaiton about the basin floor 'Fan' in the Torok. Drilling results from this aren't out yet so that could b on their next update.

Ya

This may be of interest to holders with regards to the USGS estimated potential of undiscovered resources in the Nanushuk and Torok Formations. Publication title below​

USGS Assessment of Undiscovered Oil and Gas Resources in the and Nanushuk and Torok play, Alaska North Slope, and Summary of Resource Potential of the National Petroleum Reserve in Alaska, 2017.
Link below to this USGS publication
https://pubs.er.usgs.gov/publication/fs20173088

"A sufficient amount of data is available to confirm that the potential size of oil pools in the Nanushuk and Torok Formations is larger than previously thought. Moreover, availability to the USGS assessment team of three-dimensional (3D) seismic reflection data in the north-eastern NPR-A and adjacent State lands and waters provided a capability to estimate the number and size of seismic amplitude anomalies, which are considered viable proxies for undrilled prospects".

The largest undiscovered oil resources are assessed in the two north-eastern AUs. The Nanushuk Northeast AU is estimated to hold between 1,271 and 11,162 MMBO (F95–F5) with a mean of 4,862 MMBO. The Torok Northeast AU is estimated to hold between 466 and 5,417 MMBO (F95–F5) with a mean of 2,177 MMBO.

The new discoveries (e.g. Horseshoe, Pikka) in both formations involve oil pools in stratigraphic traps concentrated along ancient shelf margins. Stratigraphic traps display subtle geometries that are challenging to recognize using seismic-reflection data. However, application of innovative 3D seismic techniques improves exploration success rates, as indicated by the recent Nanushuk and Torok discoveries.

The largest undiscovered oil resources are assessed in the two north-eastern AUs. The Nanushuk Northeast AU is estimated to hold between 1,271 and 11,162 MMBO (F95–F5) with a mean of 4,862 MMBO. The Torok Northeast AU is estimated to hold between 466 and 5,417 MMBO (F95–F5) with a mean of 2,177 MMBO.

Winx-1 Drilling updated Schedule

https://www.screencast.com/t/Fz1bCZ5NMHyx

Winx-1 Drilling updated Schedule
https://www.screencast.com/t/Fz1bCZ5NMHyX

Winx-1 well location subsurface
https://www.screencast.com/t/9pWrsZn8Mx0d

Winx-1 more subsurface
https://www.screencast.com/t/CdjZJNAGwYx

Great Bear P50 Technically Recoverable Estimates
https://www.screencast.com/t/PYdEbemm
link
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PANR/13912443.html

London Stock Exchange's Admission and Disclosure Standards legal requirements

Once any company is admitted, it becomes subject to the continuing obligations which apply to all admitted companies. These obligations include a range of requirements, such as ensuring that information which might affect the share price is made available to all investors at the same time, and that financial results are released on a timely basis in an acceptable format.

*interesting facts on display below

Winx-1 location surrounded by some very large well funded oil companies if we are successful.

https://www.screencast.com/t/21Mh3BRlxW

Red Emperor new CEO background:
Mr. Gracjan P. Lambert appointed CEO PhD in Exploration Geophysics (ex- ExxonMobil ) (ex Total Aberdeen exploration research) brings with him a wealth of technical and commercial experience in the global oil and gas industry, built over more than 20 years working in Europe, Asia (including the Middle East), Australia, North and South America, and Africa. He has spent the last 10 years at ExxonMobil in diverse roles including managing global field operations and leading complex international commercial negotiations.

My attention was drawn to the arrival at Red Emperor last June of the highly experienced Gracjan P. Lambert our new CEO. Aamazingly a few weeks later we were informed of the new Alaska Winx-1 deal My personal opinion is this guy was involved in Winx-1 deal.If you care to google & do some research of your own you will find there is not much he does not know about latest 3d seismic.

Gracjan on a 1 year results based contract $180,000 & 6,000,000 RMP shares

Mr. Gracjan P. Lambert
Dynamic permeability of porous rocks and its seismic signatures
Read More: https://library.seg.org/doi/abs/10.1190/1.2749571

Seismic Attenuation and Dispersion
http://www.earthdoc.org/publication/publicationdetails/?publication=7740

interview
https://www.youtube.com/watch?v=F3Qn9Orz8fc