Member Info for THE_CHAIN

CH has said several times the teams are working in adverse weather conditions and as we all know Utah has been buried under snow.....

Darren we are all aware they have been facing dangerously bad weather. That has been stated by the Co a few times. Think most of us accept the delays at 16-2 are down to that.

Great news. Looking forward to the production testing.

Well debated Argylerich. Seekinvalue had you just misinterpreted the data?

So without access to the current log data we cannot confirm or deny any points of view. So we wait until official news. As setanta has rightly said, salt may just eat into the bottom line and is by no means the end of the world. Also, 16-2 has been stealing focus on the board of late. Personally I'm far more excited about 36-2, its been nearly 4 weeks since the last update, hopefully we get something on the completion and production testing plan this week.

Seconded, I would like to read for myself.

That's not true seekinvalue, as we all know the well has been choked significantly, so yes it was running with a constrained flow rate.

That's fair enough but still not conclusive, it clearly states they are adding surface infrastructure to sustain the flow rate this time around. I will await seeing the log for the current test before drawing any conclusions. If the controls they have put in place have allowed them to reduce the choke this test could show substantially better flow rates. Could go either way seekinvalue.

Absolutely no idea where you are getting that from seekinvalue. No rns has suggested an issue with salt. We have been told repeatedly that the issue is gas and lack of export infrastructure. A problem that is almost solved. I suspect your posts will be proven wrong by official company news in the not to distant future.

16-2 is rate constrained due to the enormous amount of gas. This is well known I thought?

And as for a prolific oil well, 36-2 could be it...

Let's wait for official company news on both before jumping to conclusions.

Cheers adon, finger on the pulse as always. Looking forward to next week.

Great bit of research Argylerich. I have shared to telegram. So we could potentially be selling our gas through Williams and not dominion, and this could also potentially speed up our gas export infrastructure development?

Lol neither of our posts aged well there Acboom. Glad to see it's done though!

Will be at 5pm not 7am FYI

Should get news on the 25% acquisition completion tomorrow...then lots more next week I suspect.

Great find womo, excellent research.

Unlucky Northern. I think it was Tucker who suggested we wouldn't be getting anything until next week, I think the 25% purchase concludes this Friday. Once that's done and dusted I suspect CH will let the market have it. We shall see.

36-2 if prolific.....as a natural fracture could reach those dizzying numbers on its own....just saying....

And how did you come across that out of interest poiu?

Ouch Sce, sorry for the loss there mate that's got to hurt.