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Noble helium have a presentation next Wednesday,,
https://twitter.com/Noble_Helium/status/1755466006460600624?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
From a technical perspective it looks probable that the price gap with Friday’s high at 1.450 pence may well get fully filled, meaning that over the course of this week the Helium One share price is more likely to slide than rise again.
For renewed upside to be on the cards, a rise above last week’s high at 2.40 pence would need to be seen. In this scenario Monday’s high at 3.70 pence would be back in focus and probably the minor psychological 5.00 pence mark as well.
The formulas cover the cases of measured and unmeasured flow rates; a short flow period with a relatively long shut-in, comparable flow and shut-in periods, and multiple shut-in tests. They solve for fully built-up pressure, formation flow resistance (transmissibility) and skin pressure, formation flow resistance (transmissibility) and skin resistance, and for flow rates when these are not measured.
The procedures are quick and easy to apply, given the appropriate pressure measurements, although checking the validity of results lengthens pressure measurements, although checking the validity of results lengthens the calculations appreciably in one case. It appears that highly precise results are obtainable by these methods for most drill stem tests causing smoothly varying single phase flow in the reservoir.
Will noble release flow rates next week.
https://twitter.com/Noble_Helium/status/1755466006460600624?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Noble helium presentation
https://twitter.com/Noble_Helium/status/1755466006460600624?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet