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Ct5
How can it be a major success when testing is still on going. When and if they release an RNS informing the market that substantial oil is flowing, then you can call it a major success
The actual drilling of the well might have been a major success but there is doubt in that, as they stopped 600ft short of the announced target depth.
CT5
You should not listen to the idiots that post on here.
I have never camped outside Horsehill.
When in the area on business I would pop by HH and take a look to see what was happening and take a few shots.
I did the same at West Newton and Wressle when in the area.
CT5
Fact is you have not got a clue if I hold UJO shares or trade UJO shares.
Just like you know very little about oil well completion.
I wish you well with your shares but it will be down to luck if you actually make money.
CT5
As I have said many times I hope Andrews-1 flows and flows very well.
At the moment the pump will be displacing drilling fluids and possibly a mixture of gas and oil.
Until UJO RNS that Crude oil is flowing and the flow rate, nothing is guaranteed.
CT5
I suggest you do a bit of homework on how wells flow.
When they drill, hundreds of barrels of fluid are put into the well. This needs to be displaced before oil can flow into the well bore. This can be displaced by using nitrogen gas or as can be seen a nodding donkey.
CT5
It is only a major success when it's flowing a reasonable quantity of Crude Oil.
At the moment they are testing the well and they 1st of all need to displace the drilling fluids to try and get it to flow.