88E 33.3% 0.2¢ 88 energy limited

the next phase, page-12

  1. 13,575 Posts.
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    Not so sure Bert.

    When they have a load of mud delivered at this stage it can really be only for one thing imo.

    Well control.

    If they r that concerned about such a pressure build that can only come from the reservoir.

    Is it just precautionary and u'r right ?

    Possibly.

    But then stabilizing of the pressure build to minimize kick potential is paramount.

    This kick potential should dissipate as the hydrocarbon column gets shallower as the hydrostatic pressure will naturally decrease and the temp should also decrease allowing the vapour phase hydrocarbons to condense to liquids .

    It seems to me they might need to rotate out the frac juicr and replace with higher density mud if the pressure analysis has indeed shown a bigger pressure build than expected.

    I see no reason that such detail may not be anncd in short time IF the case.

    If not then I guess we just keep guessing as to why the mud and the weeks delay for a technical adjust.

    They may want to confirm initial flow rate prior and just make sure it's not a ghost gas kick and a more a definitive reservoir kick now that those
    Pesky H2O molecules have been potentially soaked.

    I know u r possibly setting the bar low Bert so that U glass half empty can become a glass half full and it's not a bad way to relieve stress.

    However I fully believe we r still 50:50 and if we weren't b4 after the last week or so I think we r getting back to it, at least in the eyes of the general market imo.

    Each to their own.

    Hopefully something soon from the company.

    d.
 
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