RRS 0.00% 0.1¢ range resources limited

nothing wrong excellent news all

  1. 115 Posts.
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    Copied from other board posted by CaptainNelsonForties
    Excellent news all,

    Parliament passes the PSA so its all go for Puntland.

    More so is the fact that Smith-1 encountered 3 pay zones. The pressure at the bottom of the hole is huge. The well was only partly perf'd over 20ft of the total 100ft odds of pay encountered. This zone as also choked back to 10/64 severely restricting maximum open hole flow from this zone. This one would be capable of much higher flow rates so a much better than expected result. 20% of the pay perf'd at about 20% of restricted flow. Looks like a very recoverable oil and gas find from first impressions from this limited test which was highly choke restricted, much more to come from this lease in my opinion. First impressions a potentially highly commercial well.

    Captain Nelson Forties


 
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