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The problem is bce haven't got a great reputation of delivering news.. Even if it's successful.
They might not even update us until there is a stabilised flow rate with the rod pump fitted.
Which Could be days /weeks/months wtfk
Theoretically Monday morning has the best odds..plenty of time over the weekend to start writing that glorious RNS..
You'll be kicking yourself to be out over the weekend..
I'm glad they have appointed this new guy.. And reads well for future prospects.. But however it does tell me no contracts are coming shortly which we were all lead to believe..
Hopefully they can start progressing in the next 12 months and sign some new contracts
Though sand jet perforating is not a new technique, it is one that has been almost forgotten, the last SPE paper on the subject being published in 1972. Unlike explosive perforating, which is literally a "one shot" process, sand jet perforating uses a high velocity jet of abrasive fluid to cut through the casing, cement and deep into the formation, enabling pressure, pumping time and other parameters to be varied to maximize penetration. Sand jets can penetrate much deeper than explosives, and offer a cost-efficient, safer and better-targeted alternative to hydraulic fracturing to bypassing deep near-wellbore damage.
This paper is based mainly on experience in Lithuania, where, in 1995, joint venture oil companies first started field operations to complete development of small oil fields found in the west of the country (see Fig. 1) during the Soviet era, but which had been considered as too small to develop for the Soviet Union, with giant oil fields to the east. Wells, some of which had produced on test at over one thousand barrels per day, had been left with heavy mud across open perforations, often for more than a decade. When it proved impossible to get these wells to flow again using (western) tubing conveyed explosive perforators (TCPs), sand jetting was used, as has been the almost universal practice in Lithuania. The first well sand jet perforated by a joint venture company, which had yielded less than one barrel per day with (western) TCPs, gave over 900 barrels per day when perforated with sand jets.
I've been on & off that roller-coaster share since ipo..
Another stock with a very transparent and honest bod๐..
Managed to average down to 1p.. So was relieved to see 300% profit recently.. Still has lots to play for as soon as they prove up the volume in that basin.
All eyes on syn atm..
Then bce & prd next week๐ค
Https://www.lse.co.uk/rns/SYN/cambay-farm-out-update-byg6dou739s70gr.html
Did anybody see the latest multi award winning video with our upcoming star Alfredo Pascual featuring in it..I know unrecognisable without that hat.
Kindly explaining how seed are way ahead of the curve..again
Did it on a very tight leap budget apparently