Member Info for Orchy

GJ stated at GO16 that the field producing levels 'to the best of our interpretation has not being drained by any previous wells.' so i assume not depleted?

It is when the metering station is 100 yards away. Zone 4 to be tested next. All zones co mingled. Production and cash flow with a wealth of knowledge of the deep zones. Play opener ? Stimulation at some point? Decent result imo

update this week hopefully and possibly tonight with ASX still open i believe,

For info, Pinedale field is located in the northern part of the Green River Basin in western Wyoming about 90 mi (145 km) southeast of Jackson, Wyoming, near the town of Pinedale (Figure 1). It is one of the largest natural gas fields in the United States with ultimate recoverable reserves estimated to be about 39 trillion cubic feet (tcf) of methane-rich natural gas

"The Sacramento Basin, this is huge gas optionality for us. Again, California imports 72% of its crude oil. It imports 90% of its natural gas. From that perspective, this is important. We control about 85% of the production of gas in this basin and about 85% of the acreage. Going forward, we actually have a lot of exploration plays. You can look up the Tulainyo prospect which is on the western edge of the basin. We have an Australian partner who puts out press releases and talks about it, but it�s a Pinedale analogue so it�s something we�re very excited about. Trying to delineate as we speak. This is something that we only see getting better over the longer term. Rio Vista is really the flagship property historically in the Sacramento Basin, produced multiple TCFs of gas historically. " Http://www.crc.com/images/documents/IR/Financials/180410-IPAA-OGIS-Transcript_Edited_Final.pdf

nothing, just ceasing to be a substantial holder as a result of the placing, still holds the same amount of shares

he posts on advfn toon.

gazza, i bet you �50 to the charity of your choice China update by end of Q2

a very modest raise, can only think SGC are confident they can get a half decent result from Dempsey.

Placing https://www.asx.com.au/asxpdf/20180430/pdf/43tmpfmjcvwpv1.pdf Quarterly Report https://www.asx.com.au/asxpdf/20180430/pdf/43tmn1mzmbldfh.pdf

its of more relevance than the continual rubbish posted on here. big players increasing stakes and undertaking exploration wells in the Pear River Area, its completely relevant!

Asia Pacific China Husky has increased its working interest in the development of the Liuhua 29-1 field to 75 percent from 49 percent, providing additional exposure to the growing energy market in Asia. Liuhua 29-1 is the third deepwater field at the Liwan Gas Project. Based on this 75 percent level of participation, Husky expects to recover approximately $247 million US in exploration costs on a preferred basis within the first 18 months of production. The Company�s share of capital spending on the project is expected to be approximately $670 million US, including $130 million US in capital already spent. Husky�s working interest share of production when the project ramps up will be 45 million cubic feet per day (mmcf/day) gas and 1,800 bbls/day liquids. Three wells are scheduled to be drilled at Liuhua 29-1 in the fourth quarter of 2018, adding to the four previously drilled wells. First gas is anticipated around the end of 2020. Production will be tied directly into the existing Liwan subsea infrastructure and the onshore Gaolan Gas Plant, and delivered to buyers in the Pearl River Mouth Basin area. Gross production from the existing Liwan fields averaged 367 mmcf/day in sales gas volumes, with associated liquids averaging 16,700 bbls/day (180 mmcf/day and 8,200 bbls/day Husky working interest). The Company realized gas pricing of $13.95 Cdn per mcf. Drilling began in March 2018 on an exploration well on Block 15/33 in the Pearl River Mouth Basin, with a second well scheduled in the second quarter. Drilling on two wells at the nearby Block 16/25 are planned for the second half of 2018. Indonesia Gas sales at the liquids-rich BD Project were 47 mmcf/day with 2,100 bbls/day of associated liquids production (19 mmcf/day and 1,000 bbls/day Husky working interest). BD gas was sold into the existing East Java market at contracted rates for a realized price of $9.85 Cdn per mcf. Liquids pricing was $87.53 Cdn per barrel. At the combined MDA-MBH fields in the Madura Strait, seven production wells are scheduled to be drilled in the second half of 2018.

second page. https://hotcopper.com.au/threads/ann-trading-halt.4156171/?post_id=32714839#.WuNFM_nwZhE

trading halt pending an announcement to the market in relation to a capital raising. interesting, can't image they would be able to raise any funds if zone 4 was bad... be interested to see what to use of proceeds will be for?

Quarterlies due Monday, could update ahead of them tonight, if not Monday for news

21.3p what�s your point lol

Gazza, 22p to 10.5p that�s would be 52.2% loss mate. If you buy at 22p to lose 100% the sp would have to be zero.

Gazza you on the vino already tonight, cant be down 100% we'd be zero...

and probably 2020 being realistic when you allow for; farm out process, various permits rig procurement etc etc

gazza, they wont be drilling china in 2018, 2019 at the earliest,