Member Info for dazzle1000

Dave wall has mentioned numerous times in Q&A ... interviews transcripts. ... and presentations that "IF" and only if icewine flows under 100bopd v. Then we will redrill and do another to prove we did it right and that perhaps mother nature oil might be extracted with better tech.. so yes add an extra year to the end game...but we have 3 options hrz... yukon gold.... and the conventional.... one is proven at 120 million 100% to us the other various conventional % in east and west ... and the hrz anywhere between 2.5bn to 12bn imho lets give it a go and chill let dave do his thing... dazzle

http://www.stock-trading-infocentre.com/candle-chart.html

http://www.stock-trading-infocentre.com/japanese-candlesticks.html ...... Found this very informative. ..

Himself https://youtu.be/Qm0jktMIYlk ..... the sage of omaha Warren buffett

Brombarb "IF" and only if the MM open higher say in oz ASX more than our previous session closed this gap up may or may not get filled either by a sliw decline or tree shake although saying that i have observed the odd one or two gap up (japanese windows in candlesticks ) have bucked the trend so to speak...

So in the sub-surface it’s in what they call super-critical phase. And what we’ve learned at the EagleFord is when you produce it - it flows like a gas. When it gets to the surface, most of the gas is very, very rich oil. But - as it leaves the pores, and the pressure goes down and then gas forms in the pores - the gas in the pores creates another energy system in order to increase the recovery factor. That’s the reason why you get recovery factors because you basically have another artificial assist. And that’s the reason why EOG and ConocoPhillips have such extraordinary wells. So this is an unusual phase and it provides it’s own energy in order to be able to get recovery factors that are like 15%, 20%, 25%. So this is extraordinarily important.

All is as expected... good news... apart from oz which seem to be panic selling... who the hell would want to sell up at these low prices? 44.5 million shares as of now lets see if the uk react to buying up these beauties...those who really derisked when sp was at 2.9p could be tempted to buy back in this week...

The Feb '17 Investor Presentation suggests that the 100 bopd flow rate is an initial production rate - which if I understand correctly is typically taken as an IP30 rate or flow rate achieved after 30 days. This same presentation outlines why such an initial rate is indicative of success as it draws on analogues from other commercially successful plays at a corresponding stage of field evolution/development.

Brombarb... always good to get away for a while. ...

Garry ... Found it through another posting so just sharing it across...one for the bookmark and 88e wiki... i like to dig deeper on these websites amazing whst you can find... dazzle

Found this web site very informative of the shale processes simple to follow and precise .... recommend for 88e wiki one for brombarb to look at

Similar to our shale, gives an idea of equipment used. German tight gas not our Alaskan volatile oil but same equipment; https://www.wintershall.com/technology-innovation/production/hydraulic-fracturing.html

Very informative indeed... https://www.wintershall.com/technology-innovation/production/onshore-production.html

From : https://www.wintershall.com/technology-innovation/production/onshore-production.html .... Natural gas can find its way to the production well much more easily than crude oil. The natural gas is initially fluid because of the high pressure. When the pressure declines, the gas becomes gaseous and thus very mobile. Up to 80 percent of the gas in a natural gas reservoir can be produced this way. For crude oil, on the other hand, technical tools are necessary as soon as the pressure no longer drives the oil to the surface. Crude oil production can be divided into three phases. So far, on average it has only been possible to recover about a third of the oil in place. But with the help of modern technology and constant advances to production techniques, this boundary can now be overcome.

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Brilliant cheers garry.... cleared that up. ..dazzle

Oops meant to say ff upto now will be like jelly ish... Not when first put in... remember we have ceramic proppant that can withstand pressure upto 10,000 psi ;-) this was mentioned yonks ago by dave loosely in a Q&A but only recently picked up on and researched in more detail. .i think brombarb might of put it in 88e wiki... its a big clue anyway...t's & dots

Lefkosia nothing stopping you from writing a good post other than charts or critisim on others.... feel free to post research with facts ...than clogging the bb with your lefty opinions .... plz suprise the bb and post some oily stuff to add to 88e wiki... or at least for once do something different out of your comfort zone.. ... think out side the box for while might do you a change of perspective...dazzle

Consists of roughly 90% water.... so dont panic when people mix their words when describing water... which is frack fluid........ ( their will be natural brine water in the reservoir). from my understsnding and take from the facts posted the FF (Frack fluid) is kinda like almost congealed jelly... so using nitrogene to artificially lift it and disperse it through the pipes so to speak...once the expected % is needed to be removed by cleaning the pipes again ( check debris or build up/ clogging) .. this should make way for the natural reservoir preasure to kick in and flow the oil... i m u of the facts...im sure garrym79 can clarify these points...

The analysis of each test is available quickly, say 30 minutes, but it takes many tests to get a reliable trend. the expectation is it will be a rising trend so the initial testing doesn't mean much. The nitrogen lift is beginning soon, may already be running, the whole process of recovering 4000 barrels of frack fluid which includes natural flow and gas lift is modelled to take 10 to 14 days Key readings will be frack fluid flow rate and pressure during gas lift Evidence of pressure support/reservoir contact Ratios and volume of methane(C1) to heavier gases ethane to butane ( C2 through to c4) Temperature rise in the seperator The biggy volume of oil from the seperator