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Good post by OILMAN on ADVFNNews getting closer if you have a...

  1. 78 Posts.
    Good post by OILMAN on ADVFN

    News getting closer if you have a look at some of the well info I posted over
    the weekend regarding sinogases wells you will notice that a few are under the
    term de-watering..

    Basically after fraccing these wells need to cleanup and then produce flow rates
    so when testing these wells after fraccing there is procedures that takes time.

    Chemicals sand water all go down the well bore at high pressure this procedure
    coupled along with cleaning up etc takes time along with the dewatering of the
    fracc.

    The company have said they will release news as it comes along and we should hear
    news within the next 2 weeks, yes it could be tonight it could be next week.

    Im pretty certain they are doing there best and will release news as it comes
    to hand and news may still be a week or two away.

    Jeez.. it will come when it comes 80m 15 zones record breaking pay as far as
    im concerned and have full confidence of a successfull outcome regardless to
    when it comes. I maybe wrong but we will find out when news comes along and not
    before.

    1. chemicals could take a few days
    2. sand could take a few days
    3. water could take a few days
    4. moving equipment round could take a few days
    5. dewatering the well for flow testing could take a week
    6. flowtesting could take a wekk to establish a more consitent flow rate

    Theres 3 to 4 weeks there just there.

    Don`t get your knickers in a twist the management are at a very pivotol part
    of the program and testing a monster of a well 80m give them a little slack
    and I would rather they take there time and do it properly.. Trust me they aint
    reading these threads and think lets rush this testing because people are gettin
    twithy on a the bb`s they couldnt give a toss about impatient little pi`s
 
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