If you call the first 4km deep flow test a disaster in a 2500km2 tier 1 oil province with targets over half of it, you might have lost it. This problem seemingly will be easily remedied as standard practice when they inject acid/frac it and implement specific lab developed chemical treatment script.
I hope the team is watching sherrit like a hawk too. Where are the mud logs telling us how much mud was lost to formation invasion. The mud chemicals used expand upon curing and effectively fill the formation with cement.
This no flow is going to be old news very soon and we are only 25% through A3 flow tests. We should be starting flow tests in the bottom Alameda zone in a day or two and I wouldn’t be surprised if we get great news early next week, followed by FID, FDPs APF plans, pipeline plans, new pad permits, new rigs and drilling contracts, Offtake, resources upgrades.
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