Member Info for kr1988

I think mb likes to be conservative that’s his problem.

Fingers crossed it’s not a duster ad even if it only produces a couple hundred it helps being so close to heron 1

200 bpd? I tgink it will be chocked back to 300 initially before rising to nearer the 800 mark. Thats heron 1, 2 we will see but its expected to be similar so even say it produces 300 bpd that’s easily 1000 bpd which is loads. I understand oil is down right now but I’d like to think we will be profitable at 1000 bpd…..

They haven’t re flow tested the well, but when they flow tested it before it produced over 800 bpd.

We are getting their, looks like Petro China want to discuss logistics according to the rns so not so much about money etc but more the how which is good. That wouid suggest they have an agreement now it’s just the how it’s put into operation

Ah makes sense thank you :)

Amazing thank you for the update. Great to see gobi is on track, fingers crossed we get an official rns next week with an update.

Yeah that’s to about now.

This is why they pump money into the local communities so they all say yes to the impact assessment. I doubt many local jobs will be created and locals won’t see much once it’s in production just enough to get the licence.

I saw matd did some play area in Mongolia again this was just to sweeten the locals to get what they want

I suspect a few friends have been paid as part of these drilling costs. How can it cost 4 mil more to drill in tanzia when we own the rig? Surly a few back door payments have been made to someone/ people?

Thanks for confirming

Also the cementing looks like they fill the whole hole with cement is that correct? How do they get the oil if the hole is filled up

The thing I don’t get even after watching the video is how do they drill so deep? Am I right in saying that they have a drill bit that they attach to the first rod and that’s drilled down then the next rod attached to that one before being drilled down further?

What happens if the drill piece needs removing?

Excellent video doc.

Thank you for posting

I guess that’s why they’re trying to find as much helium as possible in America and the built up countries.

For he1 to work they need to find so much helium that it’s too big to ignore. I suspect a jv will look at costs per well and think they can get cheaper options else where to partner with

That’s a quick recovery, just shows when delays occur you can make a quick few quid…..

Ah well done Horult profits profit when it comes down to it.

I think with hex their argument dai is they know their is helium their so this well is to appraise how much is down their

Ah back to 19 pence now that was a potential 3 pence profit :(

Not sure but it was a big well but not sure it has a nane

Thanks for posting

Any updates on the gobi drill master? Has the drill pad started yet?

Any updates on the gobi drill master? Has the drill pad started yet?

Good update today however they still missed the original target. I think they should put it into production to get the cash to pay for the next well.