MAY 4.35% 2.2¢ melbana energy limited

Ann: Alameda 2 First Production Results, page-132

  1. 2,532 Posts.
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    Your counterpart in disappointment at the announcement, posted that in his bearish analysis oil did not flow at a measured rate, so didn’t flow. 40 barrels flowed to surface over a 5 hour window with the well head pressure set at 125 psi.I would like to remind some interested in such outcomes that a household garden hose will flow at 125 psi.tap turned on full bore.( 40 barrels,) = 6360 litres and weight of 5.4 tons approximately. So weight and volume at the pressure of a garden hose turned on, travelled 500m up the well bore over the time period. This is quite phenomenal to say the least. The core samples are a geological dream. The lower sections had more pressure. It has been previously mentioned today by another poster that I respect, that a horizontal well at this point could tap a fair few extra million barrels. Be weary of traders and bearish analysis folks. Oh and there $50 buy and sells
 
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