Member Info for Domus1

The new well at CR isn’t a well like CR3, it is a Karamat well. And CR3 will not be delayed. It will still be hooked up in Q1.

G_G_G try to relax, and I will not shut up.

And nothing is decided yet.

I have been reading and posting both on this chat and Advfn, but I am now rarely visiting these chats. Les in particular. Why?

There is rarely anything new to read, rarely anything interesting to read, and rarely any factual debate.

Instead, there are often negative characterizations of people, often childish accusations, and discussions that are frequently personal.

Unfortunately. My best advice is : grow up or log off.

The Cas-4 problems are well known. First they got troubles when one or two mud pumps crashed. When those were replaced after many weeks waiting for the new pumps, they started the first sidetrack. That drilling got problems as the water based drill mud did not work at all resulting in a new need for stop and a change over to oil based mudsystem. I guess the re-start of drilling will happen early June. Txp has together with Heritage and a consulting company evaluated the drilling and both bigger and smaller steps have been taken to drill without issues in the coming wells. One step is to drill Cas-5 first

Txp and Paul cannot say they will drill Cas-5 first without Ministry approval. They had that meeting after the Q&A session.

There will be no delay with the hook up as one suggested because the plan has always been to drill both before tying in both of them at the same time.

Drilling Cas-5 first looks wise to me to evaluate the new mud system in a safe environment before going into the more challenging zones.

There are lots of locals knowing about this. The actual timeline for TD isn’t known by anyone. So my mid March is an estimate based on the words.

No

Sturm, for the record - I am not guessing…

Why didn’t Txp flow test the new wells??

Easy answer - they want to flow the wells directly into the sales system instead of flaring it while testing.

Liar - strong words when you have no clue at all. You don’t know what Paul had been promised, who he is working with/against, what kind of obstickles etc

Liar…well well

Don’t make up things you don’t know.

Without going into details I will claim that they have no operational issues.

Yes

Lexion, it is all my pleasure to keep you updated. There was no kind of ironic tone in your post.
That being said - Paul said 45 days to drill and log. I have said around 25 days. Of course it can take 45 days if someone screws things up, but it is what it is. Keep your eyes open the next two weeks??

According to my guestimate we are one max two weeks away from the TD and logresults RNS.

Paul will again miss bigtime. 45 days… LOL

No way. There is no spud next week.
The rig moves late this week. It will ned some 5-6 days for the move and the one day to rig up. Then it is saturday next week. And now all the inspections must be done from several parties. So no way ! I say it will happen in the second week of Febr.

Probably no figures before the test ends. When? Probably early March. In the mean time they sell oil to + 85 $ from the testing.

I’ll answer my self : 10.000 mcf - 20% = 8.000 mcf

And 8.000 mcf = 1333 boed

If you remove the partner’s 20% … what do you get?

Flownumbers from the extended test at Royston

Agree to your focus list, Mike.

I think January will fullfill some of your points.
One possible two coora wells(Legacy) wells will be drilled. The wd4 well is online and I guess the two WD8 wells will probably go online shortly. Will they publish these wells’ production - probably not before the Q reports. Anyway I expect the wd4 and 8 wells to produce IP at around 100 each and the coora wells 200.
Coho will come online.
Royston extended should be published.

The Coho pipe is not finished. They have had a unusual heavy rainweather that has delayed the clearing of forest. Hopefully finished by end of January.