EPR 0.00% 0.7¢ essential petroleum resources limited

eye on the vwap and the volume, page-4

  1. 6,284 Posts.
    And everyone seems to have forgotten that potential 5 million bbls potential discovery that epr are farmed into over the mount way...that's waiting for a work over rig too...

    It's worth noting as suggested by an earlier poster that the hole was drilled over balanced.

    Therefore, swabbing will take much longer than an under balanced hole...

    Why did the geo choose over balanced ???

    And if there's anything like the amount of liquid h/c down that hole that's anticipated, gas pressures won't necessarily bring it to the surface..

    So what !...if it has to be pumped out.

    IMO, the longer the swabbing takes, the deeper the Potential liquid h/c will be.

    There will have to be an update before the open you would expect..

    Will go into a long winded description of over- under balance on the beshiiba.

    cheers d
 
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