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

everywhere these dh,s go is no good they couldnt find oil in a...

First 5 Last

Share
Profile

Follow
aquadog

1,946 Posts.

77

22/03/19

13:24

Post #: 37852741
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The 14 year old 3D seismic at Winx is about to be superceded by brand new 3D state of the art seismic from the Multi clients.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

everywhere these dh,s go is no good they couldnt find oil in a servo

RMP Price at posting: 1.3¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Bitcoin jumps 8% to beat record on Trump vote optimism

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

There are more pages in this discussion • 3 more messages in this thread...

First 5 Last

Add RMP (ASX) to my watchlist