the flow,
What you are pointing too is called well workovers, where they target old wells with a set criteria to acid frac to increase production. The set criteria depends on strata and depth, old wells tend to also be shallow so that may be the main limiting factor.
The rig is probably still on site as they haven't stated it being released. I have heard that there are acid frac kits in Cuba so maybe ap has been working on it.
best of luck holders
Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-449
-
- There are more pages in this discussion • 534 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $83.23K | 3.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 310691 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 3542587 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |