Member Info for dai2belts

@Glib your Saturday 10th..
This report is an update for the show on the 19th, it mentions 3 weeks to TD, thats also about the 10th,

Next steps for the exploration well: further drilling, logging and then testing
===============================================================
The well is likely to take around three weeks to reach total depth in the Basement. It will drill down to the base of the Lake Bed Formation at a depth of 400m, and will then continue into the Red Sandstone Group and the Karoo Group. The Karoo is the primary reservoir target and is expected to contain stacked reservoir and seal units which will be more consolidated due to the age and depth of these sediments. If helium is present, it will be possible to perform drill stem tests on this interval and recover undiluted helium samples for grade analysis. We see the potential for Helium One to release further details of helium shows being encountered over the coming weeks if they are significantly larger than the first helium show. We would expect details from logging data to be released with pay zones being identified and potentially drill stem testing details at the end of hole.

http://www.helium-one.com/analyst-research/

@SGF
How Does Cementing Work
https://www.rigzone.com/training/insight.asp?insight_id=317&c_id=23

Rigzone How does it work Library
https://www.rigzone.com/training/howitworks.asp

@SGF
All I can put towards your question, and I guess its done after testing at TD
"Neat cement shall be allowed to set a minimum of 24 hours. If bentonite is added, the grout shall set a minimum of 48 hours".

https://www.michigan.gov/documents/deq/deq-wb-dwehs-gwwfwim-section7_183032_7.pdf
https://www.rigzone.com/training/insight.asp?insight_id=333&c_id=

@Xerxes300, AZ was recently interviewed by a fella, Katie must have trained him, he did a little of that lip biting too.
I think AZ smiling back made him nervous..

like you said "So many people on here are totally clueless" so that includes me :(
So you were saying something about the share price, 8-10p you said, is that because the equipment is not calibrated or because its designed for hydrocarbons?
Your input really does help create incisive threads, great for all the clueless posters here :)

I hear what PJ said "we’re making metres and getting things done"

I believed you, :)

That was the simple bit :)
It does read the further down we go the more things change in our favour..
Yesterday it looked like the MM were playing games, once a trading range was established they would up the ask above what was being paid for a while, so pushing more trades to the sell side of the mid price..Then later they would move the price down.. They repeated numerous times..

At -269°C, helium gas condenses to become a liquid. Cool it even further and it becomes a state of matter called a superfluid. In this state it has no measurable viscosity.
The viscosity of a fluid is a measure of its resistance to deformation at a given rate?(thickness)
So does some odd things, such as climbing up the walls of a dish, leaking through apparently solid materials and staying motionless while its container is spun.

To create the liquid and superfluid states, you cool down helium gas to a few degrees above absolute zero. This is achieved by compressing the gas, and then expelling it through a small nozzle. As the gas expands, it rapidly cools (you’ll have noticed this effect if you’ve ever used an aerosol deodorant). The process is repeated until the gas that rushes out of the nozzle is cold enough to condense to a liquid, then if you repeat the cycle a few more times the helium will become cold enough to turn to a superfluid.

https://www.sciencefocus.com/science/how-is-helium-turned-into-a-liquid-and-a-superfluid/
https://en.wikipedia.org/wiki/Viscosity

https://www.sciencedirect.com/topics/engineering/overburden-pressure

Struggling with this subject...its complicated to put into the right context..

Overburden or lithostatic pressure is a term used in geology to denote the pressure imposed on a stratigraphic layer by the weight of overlying layers of material.
It is the pressure on the rock from the weight of the rock and earth above the formation. When the overburden pressure exceeds the fluid pressure in the pore space, the formation is compacted. The porosity, permeability, and compressibility are reduced. To illustrate the effect of net overburden pressure, consider an unconsolidated sandstone. At low net overburden pressures, the formation is loosely packed, and there is a lot of space for sand grains to realign under pressure. In general, the pore throats are relatively large. Hence, the compressibility, porosity, and permeability are high. As the net overburden pressure increases, the sand grains are forced into close contact, and there is less space for realignment. Hence, the porosity and compressibility decrease. The compaction of the sand grains also reduces the size of the pore throats. Therefore, the permeability is also reduced.

They are just being flexible modifying the plan as needed

RNS 14th June(AJs post)
Drilling of the first well is expected to take approximately one month to complete and will produce valuable information about the subsurface. Helium detection will be constantly monitored during drilling to identify helium gas shows from mud logging. On completion, wireline logs will be run to measure formation properties downhole, as well as identifying any pay zones in the success case. Any discovery will be tested with a drill stem test to attempt to flow a sample of gas to surface for grade analysis.

RNS 21 June
Drilling will continue to the Base of the Lake Bed Formation, anticipated to be at 400 metres. At this point the Company will then commence wireline logging to gain additional information on the formation reservoir characteristics and identify any potential pay zones. After logging the Lake Bed Formation, this section of the hole will be cased and drilling will continue to Basement.

Now, we are back to the plan announced 14th June based on the latest data..

DBD, thats interesting, in the seismic section both targets drawn are similar sizes.. Now I am not 100% sure but I am under the impression that they are drawn to scale..
DM started by saying, he was there to read the data, and make decisions to make a discovery relative to time and cost. Then goes on to say the data so far indicates going to TD is the way to go..

@SeisPro, if you have time, and are clued up on lithostatic pressure are you able to explain it in context to what DM was referring too. simplified :)
I am guessing this is relating to the compacting of grains improving the sealing properties of upper layers where the helium charges faster than leaking, the lower you go ?? Seems a complicated subject area,

@Glib, that was an interesting lecture, especially how they use the wire line signal produced from the drilling mud as a comparison, thanks

the 180k volume is marked as sell
and the £180k a buy, but it could be either being so close to the mid price..
But those 1M shares placed yesterday have been added to share outstanding, but not yet the free float so they could be holding after reading all our research :)

.

Significance of the show really under estimated in that article by the fool..
https://www.youtube.com/watch?v=Oi4gNFekfrQ

@chennowitz, I pinched that one of Glib, and the packer test,,

Did an advance search and don't see Neil Ritson associated with the company but I have yet to do my research, I need to put some energy into it..