Member Info for Ezhik

Downhole fluid samples have been obtained from three separate well test intervals, in the Basement and across the fault zones, all were analysed at surface in an onsite pressure-volume-temperature ("PVT") laboratory and indicated the presence of elevated helium

· Duplicate samples collected from all three well test intervals will be sent to a second laboratory for analysis

· Hot Basement fluids, measuring >80°C, encountered across the fault zone and in the Basement and are consistent with helium and hydrogen prone intervals.

Don't know whether the 'fluid' is water or includes water--its not liquid Helium though, that's for sure

Oh well, no luck today.

So, wishful thinking: rns tomorrow with rig contract T&C's agreed and Spud date before end of March--. :)

@Troajan. Was just a bit of fun whilst I was sitting at the computer at work on a Sunday!. One has to have a light hearted view of life

@ Rogerjolly. That is about the crux of it mate. Enough beans coming in to cover the development costs and the sooner the blyat better tbh. I was hoping to get over 0.15 and near to .02 asap and then chuck it all into TXP until end of year. Timing's all going awry though.

Hepseal. We should be back in production as soon as the pump was installed. The flow rates are likely to be variable initially and tbh, may be detrimental to the company and us if they post what it is straight away. It is a bit of a nail biter in the hope that it will be a decent amount after an agonising wait but better to wait until the rate is more or less constant before saying anything. e.g today it might be 80bbls, tomorrow 70bbls, next day 120 and so-on until the various bits of detritus are clear from the fractured pathways and the oil is flowing as well as it is likely to under the prevailing conditions. I'm no geologist at all but I picture the rock like a crunchie bar, full of holes. The holes need to be connected in some way if you want to melt the chocolate on one side of the bar and get it to emerge on the other. If the chocolate goes cold on its journey, it will solidify, block the holes and stop the chocolate flowing through. This is what we have ( a well full of chocolate mud ! ), so the jetting has blasted some holes in that cold chocolate so that the warm chocolate can start to come through again. As it comes through, it will bring bits of the cold chocolate with it and open up the connections between all those holes a bit more and allow the melted chocolate to come through faster. Conversely. some of those cold bits might then restrict some of the jetted holes as they loosen up and break free until they in turn break up into smaller bits or melt to allow better flow again. In the end, all of the cold chocolate that is likely to either melt or break free will have done so and the amount of warm chocolate emerging on the other side will be as as good as its going to get (unless they pressurise the crunchie bar to force it out quicker) So as the saying goes, "life is a box of chocolates, you don't know what you are going to get until you get it"

I was going to post much the same about side track a couple of days ago but decided it might sound negative so I deleted the post before actually posting it. My thoughts were that if the jetting penetrates past the approx 3m blockage there should be an initial spike upwards in bopd which again may drop down as the new horizontal holes formed by the jetting could become impaired with further debris from the 3m wide damaged area. If this happens, they could repeat sand jetting, maybe with a different technique to drill horizontally way past 3m or they could just plug it and side track. Only PITA is the time it will take and the ££ needed. Hopefully the completed Jetting work and the debris caused by it is being flushed out as suspended solids in the oil and the remaining formation is staying in one piece. I am expecting a successful outcome one way or another and would be very happy if they manage to get to the stage of actually needing to install the ESP after this initial work. i.e. steady flow at the maximum capacity of the rod pump without further intervention, S.T, ££ and delay.

"It'll all come out in the wash"---literally. If there's no news this week I wouldn't be worried. If there is, lets hope it's positive.

1 sell of 15m, 1 cancelled trade and 1 sell of 15m. which equates to a total of 15m, plus there's another sell of 5m, so 20m in 2 trades, not exactly a stampede.

Could also be that someone has seen a trading opportunity at say 'PREM' to add 10/20/30% to their pot and to buy back a few million more as we have to 'Stand easy' for a jolly good while yet.

Let your friend decide otherwise you are likely to lose a friend.

Just listened.

Still experimenting with sorters, still balancing water, sounds like they are still commissioning, optimising and 'hoping'. Good rise so far though, so that's really all that matters right.

Long time to wait until sometime in April. 6-8 weeks

Another great result over at AXL, undervalued and unloved at the moment.

Personally not expecting big numbers initially after installing the rod pump--it depends upon how far into the undamaged formation the jetting has managed to reach. Would not be surprised to find it well below 100bbls initially which should incrementally increase as/when clean up continues over coming weeks. Just a theory though.

Nice to see a couple of blue days, 2-3% every day would do me very nicely ta.

They have to keep the well under control. The power and depth capability of the rig is theoretical to some degree. Far better to pull out and maintain the well than keep going and get the drill string and thousands of gallons of mud stuck down the hole. They have a very handsome potential production interval to work with--as it is.

None of them received a hero's welcome

Ajmalkhuram. I owe you and others an apology here. I have no idea why but for some reason I never read the rns relating to the acquisition in full. I must have read the first couple of paragraphs which are somewhat confusing and never got past the reference to a deep well of 6000mtres plus and never scrolled down to the end- which makes my last post on here somewhat irrelevant. ATB

Just looked--an hour too late. Thanks for the tip though.

Horizontal water jet well stimulation dramatically increases the surface area open to the formation with potential to dramatically increase flow. That 900+ from just 1 well looking achievable after a couple more months of cleaning up.

Not

Probably oil started to flow into the wellbore after the first run. More jetting to go = more oil to flow = more money you know.