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shaa 23:41
I wish to 2nd that Shaa.
Getting interesting, but am determined NOT to get excited. Optimistic: Yes
Next 2 - 6 weeks could be crucial to The Company & of course to the 88e LTH's who have held their nerve
keefy
La,
just here my friend.
https://www.londonstockexchange.com/exchange/companies-and-advisors/aim/for-companies/nomad-broker-profile.html?nomadBrokerId=35
Stay Safe & Keep Washing Your Hands
keefy
shaa 08:51
And if you don't mind Shaa, I will also replicate your post reference garrym79's earlier exceptional post.
"Hope you don’t mind but your exceptional post earlier this morning would have been lost to some, so I thought I would re-post.
“I work in drilling. I can tell you that if this project was non commercial they would know already, the real-time data from the LWD tools is enough to decide if the appraisal well is good/bad, in this case they have moved to wireline logging which is not cheap meaning good news. In the words of Dave Wall 'if we are going to fail, lets fail fast' clearly not the case on this well.
Shows - the ANN states this, so during drilling and circulating the drilled formation cuttings to surface there is oil 'shows' good news, just need to prove it flows well with a flow-test or MDT wireline mini flow test.
Some services they intend to run based on previous RNS info and presentations https://www.slb.com/reservoir-characterization/surface-and-downhole-logging/wireline-openhole-logging/sidewall-coring/xl-rock
Seems they will sidewall core the HRZ. This well ticks so many boxes. Too excited to go to my bed!“
Thanks to Garrym79, a true expert in our midst.
Stay safe and healthy. Please wash your hands and practise social distancing.
Keefy
TD 10:45
Spud date was mentioned in previous Ann.
12th February 2020
88 Energy Limited
Operations Update
88 Energy Limited ("88 Energy" or the “Company", ASX:88E, AIM 88E) is pleased to provide the following
update related to operations for the upcoming Charlie-1 appraisal well, on the North Slope of Alaska.
Highlights
• Ice road now >80% complete
• Permit to Drill approved for Charlie-1 appraisal well
• Spud on track for late February
Detail
The ice road to the Charlie-1 location is now >80% complete and expected to be finished in the next two weeks.
Ice pad construction is due to commence shortly and mobilisation of the Nordic Rig#
3 to site should begin in
approximately 10 days. Consequently, spud of Charlie-1 is anticipated in late February.
keefy
If everything now goes according to plan & no unforeseen delays
Charlie 1 will reach TD of 11400 feet in 27 days, drilling at a rate of 425 feet per day.
Drilling 24/7 we should be down around tea-time, Saturday 28th.
Nice cup of Yorkshire Tea & a few jam doughnuts to celebrate.
Come on guys, nearly there.
GLALTH
keefy
Bd 1 Sun 11:47
With you on that statement Bd.
Will add this "Spud" info :
Spudding is the process of beginning to drill a well in the oil and gas industry. A larger drill bit is initially used to clear a surface hole, which is then lined with casing and cement to protect groundwater. After the surface hole is completed, the main drill bit—which performs the task of drilling to the total depth—is inserted and this process can also be referred to as "spudding in."
KEY TAKEAWAYS
• Spud refers to the early stages of drilling when rock, dirt, and other sedimentary materials are removed with a drill bit.
• First, a larger bit is used to form the well, and then a second bit is put in place to do the main drilling.
• When the main drill bit is added to the process, the task is known as "spudding in" and occurs on the "spud date."
• "Spud to completion" is the time between the spud date and the completion of the well.
Hope our interested parties find this useful
keefy