Member Info for somm

I meant tomorrow :- 0

I do ;-)

Belles,

They've got three bites of the cherry being flow tested so surly one of them has to come up trumps.

RNS tomorrow Rodder's or may be not.............

OK, tomorrow then Rodder's :- )

''encountered significant gas shows, in line with pre-drill expectations''

What were their pre-drill expectations?

News tomorrow?

Block 8 will already have flaring permits surly if they're already flowing two deep wells, same goes for 801/2/3/ Deep Wells and A5/6/7 Deep Wells.

Please post the two flaring permits mentioned.

The 142 Shallow Well had 360m left to drill to it’s 2,450m TD, that was 18 days ago.

‘’Following remedial work at Well 142 production levels briefly returned to previous levels before the water in the well forced another closure. We then started drilling a new 2,450 meter side-track, which at the date of this report has reached 2,090 meters.’’

If they were drilling 20m per day for 18 days they would have hit TD today, though I would guess they’ve drilled faster than 20m per day and had already hit TD earlier this week.

Therefore we could see an operations RNS out next week confirming the completion of the 142 Shallow Well flowing at previous levels (1,400 bopd) again, combined with an update on Deep Well AKD-4 and Deep Well T-2D which imo will have been flow testing this week too.

A5/ A6 Deep Well spud update to boot too?

Could be a big week next week?

It's been 16 days since they started to prepare Deep Well AKD-4 for flow testing, news must be imminent, but I bet they're waiting to flow test Deep Well T-2D too before updating the market, both wells will be being flow tested now. imo.

If you mean the license fee for BNG which is $32m paid back at $800k per quarter over 10 years I doubt it.

Email KO and ask him as he owned the Company that owned Block 8.

$5 per barrel until $60m has been received.

If they're laying a pipeline to the main pipeline/ Chinese pipeline/ Mini Refinery instead of trucking it will initially lower transportation costs by a few bucks per barrel and potentially being back in the international oil sales market through China by possibly extending the pipeline later - sounds good though more info needed.

You don't test two wells if there are no signs of oil do you?

''Drilling at Deep Well AKD-4 has reached its planned total depth of 3,922 meters and preparations are underway to test the well.

Drilling at Deep Well T-2D, which has a planned total depth of 3,500 meters, has reached 3,408 meters. After the remaining 92 meters are completed the well will be prepared for testing.''

It’s going to take a while (months) to remove the stuck pipe in the 802 Deep Well and flow it, especially as they still have to drill to the new 4,200m TD and then cement and perforate the well. Therefore the acid they have to clean the well could be used for the Block 8 deep wells if need be giving them time to reorder more acid to clean up the 802 Deep Well later, though imo they will already have the acid for the two Block 8 deep wells as they were preparing to flow the well(s) two weeks ago.

If neither of these deep wells flow or the 142 Shallow Well sidetrack then the next ‘new’ oil will be coming from the A6 Deep Well end of Q4/ Q1, if they can get it to flow. If they get these three wells flowing the share price should hit double digits imo, though it’s all about the other wells hitting TD in 1H 2024 for a proper spike.

If these two deep wells are flowing oil now I’d guess they’ll be doing an initial 3-5 day flow test and Carver is keeping quiet for now (IF flowing) as his exuberance proved short lived last time.

It usually takes about five days to cement and perforate a well and another 3+ days to flow test the well in a perfect world – preparation work started 2 weeks ago which would lead us to think news could be out next week, though Carver may want to release news on both of the Block 8 wells at the same time along with the 142 Shallow Well in a Op’s Update RNS, if that were the case then news could be month end.

Hopefully we get some early news next week on the AKD-4 Deep Well.

DM,

If these two other deep wells are drilling the other two deep structures and they both flow commercially then you'll be in the CASP Millionaire Club by month end.

Flow you mothers flow!

Both of these deep wells will have hit TD since the last update 10 days ago and imo will have been cemented and/ being perforated with flow rates at the AKD-4 well known and the T-2D Well flow results also imminent, will CASP report on the AKD-4 Well next week or wait until the T-2D Well has been flow tested too? The 142 Shallow Well sidetrack should hit TD next week so perhaps they will release a RNS with all three flow rate results month end?

Drilling at Deep Well AKD-4 has reached its planned total depth of 3,922 meters and preparations are underway to test the well.

Drilling at Deep Well T-2D, which has a planned total depth of 3,500 meters, has reached 3,408 meters. After the remaining 92 meters are completed the well will be prepared for testing.

News next week on AKD-4 Well is possible as it will have been 3 weeks since hitting TD (enough time to cement/ perforate and flow the well for a few days – IF it flows) and when preparations started to test the well, so news could be out as early as next week. Imo.

If these 3 wells flow we could be back to producing 4k bopd again month end.

Hopefully the 2 deep wells flow.........

Don't know they were cloaked.

Pull the other one, but don't worry about it.

BTW,

Since this 'old' update 3D seismic has more than doubled from 200km to 456km and CASP will be drilling in the West of Block 8 where oil has been found - in the newer 3D seismic areas.

If either of these two deep wells have commercial flow rates then game on!

Coffeecups, already read it and posted about the 11 wells and how 4 of them penertrated the slat layer and were dusters yesterday.