Australia's largest stock trading and investment forum Australia's #1 stock forum

RMP

Click for more information

0.00%

1.7¢ red emperor resources nl

Sorry, could you clarify how an MDT would pickup good...

First 4 Last

Share
Profile

Follow
StaticHS

42 Posts.

12

22/03/19

13:13

Post #: 37852575
Share

Originally posted by spinefx: ↑

verysensiblemike,

It does not matter what fluid they drilled with, the MDT sampling can discriminate between formation fluids and filtrate from water- and oil-base muds.

Based on the MDT, had the result given a positive result they would have fracced and flow tested. However the MDT sampling results, did not retrieve hydrocarbon samples. Hence was not conducive to flowing hydrocarbons.

Winx1 is plugged and abandoned, if there was any intention they intended to sidetrack they would have stated as much. It has not been suspended for later re-entry. This location is no good, they have admitted as much.

The 14 year old 3D seismic at Winx is about to be superceded by brand new 3D state of the art seismic from the Multi clients. Further potential but at the earliest next year.

Cheers

Expand

Sorry, could you clarify how an MDT would pickup good hydrocarbon samples if the clay that was formed blocks the flow significantly?

RMP Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AXP

Tambourah chases gold veins and mineralisation extension with drilling

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 4 more messages in this thread...

First 4 Last

Add RMP (ASX) to my watchlist

SPONSORED BY