Member Info for Fadec92

Conocophillips state bierstadt on 5-65 sections 35-34 the top 2 wells as are producing and the bottom ones are new wells this could be a case for using parent well protection! http://ogccweblink.state.co.us/DownloadDocument.aspx?DocumentId=4494937

Should be testing for Helium being near the Hugoton gas field!

That's good news let's see what happens next now with DT!

That's right Jrlomax lots of fields with that name! :/)

I would call it the Syracuse Basin its called because of the Syracuse Anticline in Hamilton and near the town Syracuse also faulted!

I think the 'Wildcat' is a name given to new fields rather than already producing ones! Its Paul and the technical team and the oil and gas partners and links that can produce a good deal of value for share holders, there has never been a stable amount of income, so the progress up until recently has been proving the company and the model of being successful and respected in Denver drilling, being to achieve that can now put into motion the plans that has been in place to take the rest of the projects forward and the newest addition, the 48 wells in West Denver! So what do I think can be the mover in the SP I'll leave the market decide that on what more value the Company come up with because it's exciting to be in thinking what could happen here!

ConocoPhillips test on 2 pads near Highlands Acreage! http://ogccweblink.state.co.us/DownloadDocument.aspx?DocumentId=4488646

Costs of nitrogen gas – how much should you be paying? http://puritygas.ca/nitrogen-gas-costs/ $0.18 per m3 / using 80,000 m3 per month 1 cubic meter = 35.3147 cubic feet 1 mcf = 1000 cf $0.18 x 1000/35.3147 0.18 x 28.32 = $5.09 mcf So that's twice the price of Natural Gas!

ED serving its purpose supplying money now to fund the projects with a clear strategy to bring about the development of WD 48 two mile wells and commericalisation of DT which is already drilling as said with the strategically aligned resource that has been planned for some time and also with a strong cash position!

1.Conventional even!

1.Convention Target - low cost Nitrogen Gas Reserve in Hamilton Kansas on a known Anticline Syracuse Basin. 2.In talks with Kansas Oil and Gas Commission on the Gas Reserve. 3.Two Wells to be completed both High pressure formations. 4.Recompletion well will perforate the Cedar Hills formation at a depth of 2,150 feet. 5.New Drill Charlie 1 to a depth of 800 feet to test the Carlile shale. 6.Massive Hugoton Gas Field 25.2 TCF Near targets. 7.Nitrogen costs 2-3 times higher than Natural Gas. 8.Highlands Established itself as a bonded operator in Kansas. 9.Opportunity to become a low-cost nitrogen producer. 10.Secures Nitrogen supplies for DT Ultravert technology

That's sounds about right Lawrmyer for what happened TW suddenly changed his outlook from negative to positive within a short space of time around that raise! The PB warrants or not that much to be churned and have thought so for a while, only thing left to hold back would have thought!

USE OF PROCEEDS We will have broad discretion over the use of the net proceeds to us from the sale of our securities under this prospectus and investors will be relying on the judgment of our management regarding the application of the proceeds. Unless otherwise provided in the applicable prospectus supplement, we intend to use the net proceeds from the sale of securities under this prospectus to fund research and development of our current and future product candidates, working capital, capital expenditures and other general corporate purposes. Additionally, we may use a portion of the net proceeds to us from the sale of our securities under this prospectus to expand our business by in-licensing or acquiring, as the case may be, commercial products, product candidates, technologies, compounds, other assets or complementary businesses. We will set forth in the applicable prospectus supplement our intended uses for the net proceeds received from the sale of any securities. Pending these uses, we intend to invest the net proceeds in investment-grade, interest-bearing securities such as money market funds, certificates of deposit, commercial paper, repurchase agreements, corporate debt and guaranteed obligations of the U.S. government.

So are we sure that SRRA dont need that money for taking chk1 forward, there is an agreement that the last fundraise was enough to complete or expand, is there no indication to what they have raised for?

Can't seam to find a link on the srra raise!

The Basics of Traps, Seals, Reservoirs and Shows! The most commonly sought after and prolific traps are structural four-way clo- sures, where reservoirs are folded into domes or closed anticlines where the accu- mulation is controlled dominantly by the top seal capacity vs. the structural closure relief. In these kinds of traps, multiple ‘stacked pays’ are possible, with many dif- ferent oil/water contacts and even fluid types stratified vertically. They are by far the easiest traps to map seismically and lowest risk to drill if on a well-defined migra- tion pathway or within the oil and gas window where interbedded source, reservoir and seal are present inside the trap. Sub-salt or salt-wall closures are also fairly easy to recognize, but require accu- rate seismic processing and depth conversion to image properly, a process that can be difficult and expensive. In these cases, simple maps of the structural contours going into the fault are sufficient to quickly see the ‘closure’ and the trap. Traps related to complex salt domes and detached salt nappes also hold very large, ‘stacked pay’ reserves. Salt and other evaporites form outstanding seals and can hold very long columns. Much of the world’s deep-water drilling today focuses on ‘sub-salt’ accumulations where reservoirs are folded or faulted into salt walls, under salt over- hangs or under completely detached nappes. These are attractive prospects, but require special acquisition and processing techniques of seismic to image. https://www.springer.com/cda/content/document/cda_downloaddocument/9783319297088-c1.pdf?SGWID=0-0-45-1570573-p179519993

I think some testing with a known big company will progress us, (ConocoPhillips) maybe in the DJ Basin Niobrara or a deal where the terms improve cost wise, there is now a different aspect to DT where the supply costs are in process of being cut dramatically with drill test phase of a Nitrogen Reserve which could also feed other uses in Enhanced oil and gas recovery, the prices are big for Nitrogen as we know 2-3 times the price of Natural Gas $5-8 Mcf so is like another project in itself if proven to be prospective! I see the production in the Permian Basin has levelled off which is good news for uses of new well technology where the drilling has cooled and operators will then look at ways to increase reserves for more oil and gas production!

https://oilprice.com/Latest-Energy-News/World-News/BP-Permian-Productivity-Gains-May-Have-Started-To-Flatten-Out.html

Check the fault line near acreage, which are known to form Stratograpic Traps! http://www.kgs.ku.edu/Publications/Bulletins/11/03_hamilton.html

https://imgur.com/a/CgpoSii