OXX 5.26% 3.6¢ octanex limited

of course we won’t have an idea on how long it is likely to take...

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    of course we won’t have an idea on how long it is likely to take as we generally don’t get told stuff.....


    The process explained -
    Another term for nitrogen lift, the use of nitrogen gas circulated into the production conduit to displace liquids and reduce the hydrostatic pressure created by the fluid column. Nitrogen lifting is a common technique used to initiate production on a well following workover or overbalanced completion. A coiled tubing string is generally used to apply the treatment, which involves running to depth while pumping high-pressure nitrogen gas. Once the kill-fluid column is unloaded and the well is capable of natural flow, the coiled tubing string is removed and the well is prepared for production.
 
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