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3.13% 3.1¢ condor energy limited

unconventional oil flow probs - diff play

  1. striebs
    1,726 Posts.
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    29/12/12
    06:35
    Post #: 11233833
    San Leon is exploring in Poland amongst other places .

    Their fractured carbonate unconventional oil play hasn't flowed oil first time either . They hypothesise that formation water flowing from fractures needs to be drained before oil will flow out of the matrix .

    http://www.sanleonenergy.com/media-centre/news-releases/2012/december/28/nowa-sol-operations-update.aspx

    PFC haven't had any opportunity to analyse the results of the test , analyse the flowback fluids , benefit from experience of CTP drills , flow the other two wells , try remediating Owen-3H .

    The reason why it didn't flow straight away may well turn out to be very simple .

    This PFC holder hopes PFC don't throw it all away by selling up this close to the prize .
    BKP Price at posting: 0.6¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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