RE: RNS29 Jul 2024 07:23
During the testing phase, helium and hydrogen gas measurements will be monitored, along with flow rates, pressure and reservoir performance. The Company has the ability to collect and measure gas samples onsite and will be able to verify gas composition in real-time. The results from the EWT will be integrated into a detailed subsurface dynamic model, which will be used to determine resource estimates and formulate part of a wider feasibility study.
The whole process from spud to completion of extended well testing across the two zones is expected to take approximately five weeks.
The Company will make further announcements as and when appropriate.
Why mention the Company's ability to collect, measure and verify in real time, if no desire to release update if appropriate? There will surely be news before 5 weeks.