June Quarter Plans Drilling of West Mailisu #2 well Reprocess seismic over Charvak and plan 2011 seismic acquisition Acidize Mailisu III Well #6 and commence production Ongoing promotion to farm out the Kyrgyz Republic licences
We'll get some production one way or another ,will be interesting to see what the flowrate of Mailisu 111#6 is pre and post acidisation. This information could be extremely beneficial Katomouse with regards to Mailisu#2,as we know theres Limestone there. The acid should help tremendously IMHO. Maybe we'll get 3 times the pre acid flow rate as per Tethys petroleum. Tethys Petroleum Limited: Doris AKD05 Well Flows at over 2,000 barrels per day
I like this paragraph Katomouse from the 01/08/11 release on Mailisue#2
While the limestone is described as having low porosity, oil films appear in microfractures in the formation and oil shows were present with indication of yellow fluorescence over the upper section (1805-1808m). This suggests that fractures provide a conduit within the reservoir.
Is this level ripe for fraccing?
Its bloody refreshing to be talking about CIGs prospects and not its pathetic management Katomouse,I'll never forgive them for propping up the PRU SP and probably more importantly preventing their takeover at our expence,what a share trading debacle that was for all CIG SHrs.
Raider
CIG Price at posting:
12.0¢ Sentiment: None Disclosure: Held