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Just popped in to see what is being said on here as haven't looked for a long time. Just reminded myself why I don't come on here!! Same names with same old bull**** talk.
Will see what Roland comes up with at the meeting and over the next few weeks and months if required. I'm sure he is striving for a good result for himself, the company and all long term holders. I am not worried about small delays and changes to the plan as I know this industry and will trust his experience and judgement until proven otherwise.
Great stuff, this means we won't hear from Zag again !! Happy days !! ;-)
As Sausage mentioned due diligence will have been done for the CCS project and Wintershall Dea are predominantly an oil and gas producing company.
Ha ha, just about to reply Sausage
I will throw this out there!! How good would it be if Wintershalldea became our JV partners for our Cambay oil and gas project ??
They already have challenging projects all over the world, so Cambay could be a good fit for them.
The jet pump works by pumping water through a venturi system which creates the necessary lift and then separating the water at surface.
Roland has to book in a workover rig and crew to remove existing completion, drill out the bridge plug, run new completion and commission the jet pump. He can't arrange a rig until he has confirmation of delivery of the pump. I think it is timed to perfection and I am quite happy to wait a few weeks between pump arriving and rig arriving to carry out the work, that few weeks is nothing in the grand scheme and better that than paying rig rate and no equipment on site.
Good thing is, when proven that the jet pump assembly works, it has sufficient capacity for 2 to 4 wells depending on well design, so we don't need one for each subsequent well.
Remember that your primary well control when drilling is basically a column of fluid, this creates pressure at the bottom of the well and prevents an influx of gas. When this fluid is removed the brakes are off.......
The installation of the 2 7/8" production tubing greatly increases the velocity in the string and helps removal of fluids which will then also help general flow from the well.
Even if we don't get it 100% correct first time there will be valuable lessons learned with the refrac which can be used on future wells to fine tune the refrac design. The fact that planning is underway for reinstalling production tubing and that 77 should underpin full field development are good indicators for me. Hopefully results work out well for us all.
If all the derampers on here had a night out in the pub for a drink - how many bodies would there be ??? I suspect, not very many !! ;-)
Aiming High is aiming low again LOL. Do you have oilex shares by any chance ??
Plenty derampers onboard today including Gordon, I wonder why LOL
Great news that we will be back into production soon and positive cashflow. Next news please Roland......
At least that is out the way, next news please.......
0.25 That is NOT aiming high LOL
Yuri, are you trying to get Gordon over to Predator to talk it down, so you can get in cheaper.? He is quietly good at it LOL ;-)
I would agree Gordon, the news will ultimately determine what the reaction is. It may build gradually or they may drop a bombshell RNS and SP skyrocket’s.
Definitely no pump and dump crew on here just now all LTH’s. Widglide likes to talk it down for some reason, I wonder why?? Does he even hold stock?