DXI 1.37% $2.88 dexus industria reit.

train leaving the station, page-165

  1. 8,316 Posts.
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    agreed adam.. i have been thinking the same thing..

    its been said to you plenty of times before i know, but constant criticism of adi has to be corrected each time and its important to understand how the relationships are.. so just incase people get the wrong idea on all this, the operations at sugarkane are not run by adi..there is no bad luck and wells take ages to clean up all the time.. the JVP cannot announce rates that are not stable.. they will come through when its the correct time to do so..

    1. the operator is TCEI
    2. its a jvp of various australian companies,ADI, AUT,EKA and in the UK EME. run and operated by TCEI.
    3. the operations are fine, there is no delay, not a problem at all. there is nothing going thats not to plan right now. TCEI is doing a great job, first long completion in these highly overpressurised chalks.
    4. again ADI is not the operator and has simply got a farm in as a jvp on the sugarkane field. TCEI inc is the operator..

    i will add this again and please consider this from a guy who is in the oil industry and know his stuff, posted on the uk forum..

    quattro44 - 3 Nov'08 - 10:08 - 43399 of 43409

    It never ceases to amaze me how share prices react to news.
    The key words here are : 'flowing gas and condensate' and 'production rates' These add up to only one thing : They fully expect more flow and to produce from this well.
    It can take days to clean up one of these wells. That is alot of horizontal and to get all the mud and fluids out, working very carefully is some undertaking. It is clear that after only after a day or so they already have flow which they had throughout drilling, so it should only improve from here. But what do I know?
    q44


    but wtfd we all know hey!!!!!!

 
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