Member Info for Willswag

I’m thinking that with this news there won’t be much of a delay in us getting a MMU out to Utah.

The plan will still need a well-head ‘refinement’ source to fully prove up the project scope and that’s where our tech comes in.

The need for a refinery (which requires heated train tankers due to waxy nature of the produced oil) is the second hurdle that kills economic production in Utah, the first hoodoo being the lack of oil Mobility within the deposits. 😎

Huff and Puff will get the bitumen moving and get it out, our Tech will convert the produced heavy oil to a sellable synthetic heating or fuel oil.

The DNR gave us a sufficiently green light to go and the money follows good plans in US 💵

Happy days!

Nice one wodewick

That’s brought your average down a tad! 😊

During the meeting

Mr Pinkey (in a pink tie) on the Division technical bench was asked by the chair where we were with apd4 ? approvals for the first 4 wells permitted in December

They are in progress he said but the fifth was he thought dependent on todays meeting

As it’s always been so . . .

If you’ve sold on highs and bought on lows good luck to you

Not many of us here in that bracket eh?!

It was a US legal process for heavens sake. . .

Valkor tried to go straight for unitisation. 🙂

The government asked for firm data🤨

We either prove-up the data thru the four licensed drills and come back with a very good chance of success OR

It’s not worth it?!

That’s about it there’s no conspiracy here

True. . . And the RNS discussed those negotiations now being had with Valkor

But, I’m guessing that the DNR said

Look guys, go do the pilots, get the data that you predict (including bring me the bitumen!)

And it’s a slam-dunk for unitisation later.

But you have to prove up your claims of imobile oil, tar sands, bitumen, asphalt 🧐🙃

The important bit;

The Board denied the order on the basis that without a producing well in place, there was not yet sufficient evidence of an oil deposit to support the unitisation plan at this time. The decision does not prevent Valkor from drilling the 4 pilot wells already granted by the Board in December 2022. Pilot well drilling will be necessary to support a further application for unitisation in due course.

🧐😊

Hoodoo have now wheeled in a guy who is trying to define mobility in oil

“It is mobile oil, it might not move very quickly , but it is mobile”

I’m off to bed

I didn’t like that one of the committee left for an emergency and won’t vote but they still have a quorum

QED his might have been the deciding vote?!

I feel that hoodoo are a bunch of freeks that the DNR didn’t recognise and I doubt if they’re producing much in the way of mobile oil.

This is about the DNR seeing through that and awarding the unitisation so that a serious company can get on with exploiting Utah oil that has been

Imobile for generations!

If it was as easy as hoodoo say then a railroad would have been built a hundred years ago and the Uinta basin wouldn’t be locked up shut tight in wax!

Good night from him 😊

Division question to mr Cranky hoodoo expert witness

You’ve seen the Tom brown core samples and reports quoted by the petitioner

Well no I’ve not seen the core samples (the hard bituminous solid cores stored next door shown in evidence by Valkor) but I read the reports

Further question was there any reference in the Tom brown reports to any mobile oil . . . . . Long pregnant pause. . . . No! 🤣👍

Hoodoo have a cranky expert witness who is getting sledged by the board “ move on” move on”

I want someone to ask hoodoo how much mobile oil they’ve gotten from there various drills over the years? I’m guessing it stops flowing pretty quickly!

Remember the board said who’? When the first objections came in

In cross examination hoodoo owner admits that the land owner (of both his and Valkor leases) wants to see the unitisation approved to get at the bitumen present

He didn’t like admitting that no siree!

I thought hoodoo made nonsense points that were not even answered as they referred to the earlier hearing evidence when they weren’t there!

I think the chair and the board are frustrated by that.

I guess it’s coming to a conclusion and interesting that Steve Byle might need to be sworn in to state if he will/won’t go for the original 5 pilot wells if they don’t get unitisation approval today?!

He has ten minutes or so to think about that with his legal team.

“Cartoon interpretation of the facts”

Go sir!

He’s knocking hoodoo out of the park!

Hurricane wrote

Why, for once, can't we applaud QEDs efforts? Our engineers will have learned from this exercise, just like Elon Musk's team, which hopefully they will be able to apply next time.

Because, It’s not f***ing rocket science!

Would be too hasty to sell though

Utah news due next week

And the long awaited fuel agreement

Odd to get a crappy RNS late on a Friday

Suspect good news due Monday or Tuesday 😊

Time to earn your corn mr chairman

So it was tested then at relative pressures ?

It had a safety factor pressure rating of X+50%?

Incompetence doesn’t even begin to describe this

Someone has been sitting on their hands

Aaaargh

Well in 2013 we were 48p on a trial partial success with zero income

But I see where you’re coming from 😉