flow testing

looks like after monday the flow testing will take 10 to 14 days to complete so we will still have some very good trading days left along with hopefully some very juicy announcements. Project Icewine – Icewine#2 Production Testing
Site works have commenced to clear snow and ice from the Franklin Bluffs gravel pad to enable
access to the Icewine#2 wellhead. Pressure gauges will then be retrieved from downhole and data
anaylsed to determine if any reservoir degradation is observed, which may require remedial action
such as reperforation of the target intervals. Concurrently, test equipment including separators, tanks
and nitrogen lift units will be mobilized to site ahead of the scheduled commencement of flow testing
on the 11th June 2018.
The flow testing program has been designed to utilize nitrogen lift to assist the removal of up to an
additional 4,000 barrels of fluid from the HRZ reservoir. It is anticipated that this will enable the
hydrocarbons in the reservoir to flow naturally to surface at a representative rate. Based on modelling
of the reservoir pressure and fracture conductivity, this is estimated to take 10-14 days. The well will
then continue to be flowed back to ascertain drawdown pressure and decline rate.