Member Info for reaction

I have come to the conclusion they should now frac the entire licence area. But they will need some really long pipes mind.

Nothing woolly or converlooted here. Nothing to hide.

Although the acidisation of the upper Leadville has achieved good communication with undamaged reservoir and achieved what they wanted. It would be good if they were to also frac the upper Leadville. I understand that its not the zone they had problems getting a balanced read from but that to may flow even better with a frac.

Once they frac the lower Leadville I like to believe they will see a massive influx of gas. I think this frac will give QHE the communication beyond the damaged well bore that they seek. Just like with the upper Leadville.

Hope they frac both zones. Be rude not to.

"Based on this work, Quantum and its technical team have concluded that the results obtained to date support progression to the next phase of reservoir fracture stimulation. The planned programme is designed to establish communication with undamaged reservoir beyond the immediate wellbore area and provide a more representative assessment of the Leadville Formation's production potential. The Company believes this next phase of testing represents an important step towards evaluating the reservoir's commercial potential."

"As is common during complex testing programmes involving historic wells, certain operational adjustments were required as the programme progressed with testing of the lower Leadville horizon appearing to have been impacted by the performance of downhole testing equipment, requiring additional operational work before testing could continue. These matters have now largely been addressed and the Company has successfully advanced into the next phase of reservoir evaluation."

As they do not say the testing of the lower Leadville is complete I can only reason it is part of the ongoing EPT going forward and that the testing can continue.

I don't think that has any other meaning than the ordinary one on balance. So yes will continue to test both zones.

"As is common during complex testing programmes involving historic wells, certain operational adjustments were required as the programme progressed with testing of the lower Leadville horizon appearing to have been impacted by the performance of downhole testing equipment,"

Pleased they are going too move the EPT forward to the next level based on data to hand. Must surely be compelling to do that.

I like to believe the pressure in the previously untested lower Leadville will give us a fantastic flow rate from this well. Think the helium % will be beyond pleasing.

Preliminary gas analysis has also been encouraging, with the raw gas encountered during the current programme showing close similarities to the gas analysis obtained from Sagebrush-1 in 1994, which previously indicated helium content of 2.76%. Whilst further analysis remains ongoing, this represents another encouraging outcome from the programme to date.

We look forward to updating shareholders as operations continue and additional data becomes available."

Https://www.lse.co.uk/rns/QHE/sagebrush-1-extended-production-test-update-pwxjnpenbkdo67j.html

How people got so upset and their knickers in such a twist with regard to the update is quite beyond reason.

At this stage of the extended production test the achievements have been very positive and are pointing to a fantastic outcome for all concerned.

I would strongly urge people to read this RNS again. Properly this time calmly objectively in the cold light of day. Never mind all the bull crap from people trying to twist you out of your positions.

It is my belief this well will meet and exceed all previous expectations.

Now read it properly and thoroughly this time. Hard to believe some even read it at all.

Superb update. Well done to QHE and all of those working so tirelessly to bring this well to goal.

Quite right wherdiditallgo.

We rentered the the well not knowing if the well would remain in tact or if the gas shows would be worth persueing. Yes there was some damage but the company did the acid wash and have come to the conclusion their is plenty to be positive about and are moving the testing to the next logical phase for this particular well.

They clearly know the data to hand is telling them there is a good amount of helium down there and they are going for it. No way they would spend all the time and money if there wasn't substantive data to support a push forward.

Yes we are definitely in a far better position than when we first renterd the well.

This is a live ongoing test and is being managed very well and continues to move forward. Excellent 🚀🚀🚀

The derampers are sure out in force today. You can see their desperation to try and bring the price down.

Don't be duped by their rantings.

Absolute desperation tactics today from many quarters trying to delay a substantial sp recovery.

Not a nice term, but the bed weters are about learn about wealth transfer.

BOO ! 👻

Good to know the testing continues.

Feel very sorry for those scared out of their positions at this stage of the testing. Good to know we continue to progress. Think we are seeing how wealth is being transferred to other investors. Very much looking forward to the results RNS when it comes.

Important not to be distracted.😉

Must say I am very encouraged with a 2.76% helium read that is broadly in line with the historical read from a partially impaired well bore. Got the snagging done so all good moving forward. But a great read under the circumstances.

The gas pressure down there must be tremendous. Really looking forward to the frac to get some far better (bigger) balanced numbers. ⏳📜🤓

Great to have an update today.

Although clearly not prepared to issue incomplete data to the markets they are equally clearly encouraged by the data they are aware of at company/board level to authorise and continue to move the project forward. Sounds very reasonable and balanced to me. Very positive at this stage infact. We have helium what the precise % will be has not been resolved as yet. Looks as though the fracking is going to give us some extra push imo. Had a few snags along the way that have been resolved successfully.

Happy with that at this stage. Not a bad update and not a lot else they can realistically say at this stage imo.

I like to believe they were met with a lot more pressure than originally envisaged when they re enterd the well.

Think they are ready for it now.

Let's go catch us a monster.Boo !👻

I DEMAND the BODS release whatever incomplete un verified by third parties in its entirety data/findings they have to date to the market. Never mind all this stuff about being pleased everything is exactly as they thought it would be at this stage and are happy to expand beyond the current zone. Based on an abundance of sight data. Onsite testing that sort of thing. Advice received from the technical team. Release it all to the market now and dam the consequences.

Just one other thing,

"Are we there yet".

😀😀😀

I want the incomplete flow rates.

Me me me I want I want.

So much confidence from the company to be looking to extend the zone. Figures / data to date must show that fracking is going to enhance and build upon the numbers already sent to lab. A few more weeks to wait but very happy the BODS see everything as in line with expectations.

I like to think the fracking will the BODS exceed those original expectations. In the final confirmed analysis I like to believe this is going to be a monster beyond all expectations ⏳📜.

Clearly there is flow, they have confirmed 2.76% helium relative to historic testing. The fracking is to enhance / connect to the next zone.

Hopefully an increase on the historic and as they say now confirmed 2.76%.

This going to end up a lot bigger than was hoped for imo. The RNS and testing to date and forward plan is compelling.

Excellent RNS today.📈👍

This a lot bigger than first thought 😀 Let's frac the .... Out of it. Yeah baby. We already have a massive trap confirmed. All good and to connect them together would really enhance those numbers I'm sure.

BODS confirm it's the way forward.

So happy for all. 👍

Focused on completion and development. Why would you ?

With the expertise time and resouces being deployed here I really do believe the BODS are going to bring home the bacon.

My confidence increases with every passing day.

I like to think we are all in for a very nice surprise. That they are on to really decent numbers.

⏳🌹🌹🌹

Must be so close now. I mean, just how big is this monster. Looks like time will tell.

Be lovely if we did get something from the companies word smiths.

No not Australian but I would like to be.

Damn predictive text.

"All bodes very well"

"All boxes very well".