ADX 1.11% 8.9¢ adx energy ltd

Ann: Welchau-1 Discovery Well Cased for Future Testing, page-22

  1. 1,155 Posts.
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    short version/ makes ADX a long term hold for me:-
    "Encountering potential productive zones over a gross interval of356 metres is very compelling."

    and
    "An extensive logging programme was run in the 8 ½” section, which included an image log and cross-dipolesonic in addition to standard logs for well evaluation"

    and
    “The logging results have confirmed the presence of well-developed open fracture networks and vuggy porosity coincident with hydrocarbon shows"

    and
    "The inflow of hydrocarbons to the well bore is further confirmation of the existence of mobile hydrocarbons"

    and
    "The corresponding permeability of the pressure tested levels show medium to very high permeability which is in agreement with fracture density and petrophysical log interpretation."







    Last edited by car27: 25/03/24
 
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