AQO 0.00% 27.5¢ ambassador oil and gas limited

wireline logs indicate oil: drill testing now, page-21

  1. 617 Posts.
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    ESPINSIGHT thanks for that, I too phoned earlier on couldn't speak with Tino (he was on another call) but spoke with Howarth. I can't take much from him as it was stuff I already knew.

    What really gives me hope that we will get flow results from the McKinley is that:

    1. They originally drilled it with good oil shows.
    2. The oil shows were good enough to stop drilling and DST.
    (Mechanical failure stopped them getting a flow rate).
    3. They continued to drill the well to TD. Then logged the well with wireline (Density, porosity, Resistivity, sonic).
    4. Wireline results indicated that oil shows in the McKinley were REALLY worth taking a DST.
    5. Wireline would tell them if the McKinley wasn't worth Drill testing.
    6. Wireline would tell them how much pay zone they have.

    I think they are desperate to get OIL to surface!

    They would be Plugging and Abandoning right now if Wireline said the well was a duster.
 
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