MAY melbana energy limited

Ann: Block 9, Alameda-3 Appraisal Update, page-710

  1. Wheres can this UPI article be found that everyone keeps referring to??

    The Drudge report times out.
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  2. Looking for stoploss on line.
    AOTonline? Challenger.com? Any others? AOT seems reasonable, $33 trade, $49.95/month, free if more than 8 trades/month. If database isn't accessed then $0/month. Seems reasonable, any opinions?
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  3. These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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  4. =http://www.geocities.com/barrybolton187/lok.jpg>
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  5. =http://www.geocities.com/barrybolton187/lok.jpg>
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  6. not so stupid now Up 10% Gobs baby, when's the big sell off due? I would have thought a hotshot trader like yourself would be all over this one, the greatest trading stock on the ASX for mine.
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  7. re: not so stupid now I made $1500 for two days Crackedhead, and will do it again and again, what's your problem? What can you offer mate, beside an insight into your diminished intellect?
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  8. re: not so stupid now Yeah, right peanut, aren't you the mega trader? Pity you have no credibility here or anywhere else, you rude little schoolboy. Get a job and stop bugging people....
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  9. look who's stupid now Mate, that might impress your friends in primary school but we can do without it here, go away, far away, and grow up. Just another multi-nicked dickhead aren't you?
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  10. re: not so stupid now**hey big ears**** You got me there big fella,
    I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
    regards

    Check out what the big money was doing during the fall.

    http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D
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  11. Hotcopper has not changed in my absence....
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  12. There are infinite ways to lose money......infinite ways. Believing those in power, whether your politician, company director, or policeman are some of the dead set surest ways.
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  13. Load of crock? Load of crack more like.
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  14. Great user name, Colin.....where'd you pull that one from? Your behind?
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  15. sandune, you come across as being so deluded by hate.

    The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!
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  16. Very direct, and good post. It's only others that will feel the shame for the directors TSS.

    A leopard does not change its spots, nor a tiger its stripes.

    Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.
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  17. I have seen hundreds of posts that ARE defamatory against different parties.

    My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.

    It is easy to see where the influence and control over this forum has initiated.

    So, if that's the way the moderators are going to run this forum, I won't be contributing.



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  18. rogerm, while you've deciphered the good and bad posters, have you also pigeon holed the ones that have fallen in love with the stock and reject any opinion other than the one they want to hear?
    It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
    PEN is very tradable, but not out of the woods by a long way imo.
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  19. So you can see both sides of the story matty.
    I'm in the same boat having traded PEN from time to time.
    It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
    What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
    If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
    Shame on many of you.
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  20. Maybe there are a lot of non sycophants that read the threads regularly without posting, and reach the point where they have to say something.
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  21. Agree seuss.
    I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.
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  22. I know. Maybe I didn't explain myself very well.
    There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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  23. I believe you'll find that we now have SUPPORT at 10c.
    Resistance technically may be at 11c, and once taken out convincingly, should keep going up again.
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  24. Do you have a 2.7 million deposit for a new home?
    As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000

    Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.

    Feeling sick enough yet?
    Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.

    So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!

    Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?

    To make your appointment for Perthites, and just for a sick session for others:
    http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829

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  25. tvp
    No answer from Arttse on that yet.......................
    Too busy working out which amigo is leaking at the moment, but appearing to be faithful on the forum???

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  26. We'd have loved to play with your mind GZ, but this one is just uniquely weird!

    We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!

    I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
    Hmmm. That's my best conspiracy theory for now!
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  27. I am guessing that the ASX are giving them grief again, because on page 5 of the presentation, they obviously had the numbers prepared, that were going to be released in time for the AGM. (Obviously again is my guess)

    I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
    I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.

    The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.

    Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
    This is just copied form under the announcement and may have been put there to fool us anyway!

    30.3mt @ 1.7% CuEq
    (0.8% cut-off) Measured and Indicated
    97.9mt @ 0.96% CuEq
    (0.4% cut-off) Measured and Indicated
    272.9mt @ 0.62% CuEq
    (0.2% cut-off) Measured & Indicated and inferred
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  28. I find that post rather repugnant and cynical cusox.
    Right now, imo it's a buy.

    What does that have to do with anything else?
    Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper

    If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
    Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?

    It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
    We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.

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  29. Shadow, that is bull dust, and you know it.
    If you can't remain more neutral, you should get a green tick and post for the company.
    You simply can't give a value on it without ALL the information.
    Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.
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  30. No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.

    However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,

    Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.

    Cheers

    OI NQ , how they hanging?

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  31. Announcement from ERM has made my day. :)

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  32. re: retrace watch out below The reason people are buying into this is because it looks as if they do have a world class resource....if that is the case this stock is very undervalued at current levels.
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  33. tvp
    Maybe this sheds some light on it ............................
    He was suspected of being Bendigo. Maybe the mods worked it out.

    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:27 - 236 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529197 - in reply to msg. #529196 - splitview

    piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:29 - 236 reads
    Posted by bigdump
    IP 210.49.xxx.xxx
    Post #529199 - in reply to msg. #529188 - splitview

    so who should be ashamed of themselves
    it squite ironic !
    Isn't talking to ones self a form of madness





    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:30 - 246 reads
    Posted by diatribe
    IP 203.51.xxx.xxx
    Post #529201 - in reply to msg. #529199 - splitview

    fark u 2 fool ramper

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:35 - 242 reads
    Posted by trade4profit
    IP 144.139.xxx.xxx
    Post #529204 - in reply to msg. #529197 - splitview

    diatribe...

    Here are the posts you refer to "6 - 8 weeks ago"...

    ---

    Subject copper strike.. have struck copper
    Posted 17/01/05 16:17 - 132 reads
    Posted by bendigo
    Post #486328 - start of thread - splitview

    Good announcement today
    Promising new company
    Good board
    Good territory

    go the ASX website & check out the announcment.

    Cheers
    Bendigo

    ---

    Subject re: copper strike.. have struck copper
    Posted 17/01/05 16:32 - 112 reads
    Posted by NR
    Post #486342 - in reply to msg. #486328 - splitview

    all ready on them bendigo......awaiting further annonucements.......


    ---


    Subject re: copper strike.. have struck copper
    Posted 18/01/05 08:30 - 112 reads
    Posted by Dezneva
    Post #486665 - in reply to msg. #486328 - splitview

    Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.

    ---


    These were the first 3 posts ever on CSE.

    Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."

    Problem is, it was Bendigo he was replying to and not you!

    How do you explain that?

    Cheers!

    The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.

    Voluntary Disclosure: No Position Sentiment: None TOU violation






    Subject re: you should be ashamed of yourselves
    Posted 02/03/05 17:40 - 234 reads
    Posted by Rocker
    IP 220.253.xxx.xxx
    Post #529215 - in reply to msg. #529204 - splitview

    well picked up T4P


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  34. I get your drift joewolf.
    The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.

    Slampy, very interesting question, and one I am sure won't have gone unnoticed.

    Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.


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  35. I reckon you should all get a life personally!
    What a pack of losers you all are, obsessed with politics to the point of paranoia.
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  36. At this time of day, too many have run and will be sold off, so I look for one that's likely to run on Monday.

    CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.

    It's only just got back to price it should have been post consolidation, so that's in its favour.
    Very little to sell, I like that, as it will move quickly.

    Many won't have received the email yet as they're at work, etc.

    Read more here.

    http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO

    Looks good for next week. Be prepared!
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  37. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
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  38. tvp
    re: it goes like this? Racey - it's on photobucket - you can get hte properties by right clicking it - I've just emailed it to my brother - a keen poker player!

    Salty - howsabout an email update please imo!!
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  39. What a fascinating thread reading back 3 months!

    Lots of reading today!
    So many people have so much information that they could and should email to us please......

    [email protected]

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  40. 2,772 Posts.
    lightbulb Created with Sketch. 4898
    Hey @the flow , others here will be far better positioned to confirm or deny, but for H8tey the ability to test Alameda is intact, although they did have a little issue drilling through that section and had to sidetrack if we recall, the effect of which I don't fully know at this point. But there are/were 3 areas planned that supposedly will be tested in the mean time.

    As for the Mud / Emulsion curiosities?

    Few questions in play still down deep so I can see why AP stated in italics last ann that they were on the move. "so we’re going to pause this test whilst we study the samples and data we’ve obtained and get on to testing the shallower Alameda formation in the meantime.”

    So between “preparing to” and “getting on with” whilst they pause Marti Feral, I’d suggest they (Namely AP & Co) will be trying to bring good news to the party ASAP. Just my take..

    As for whether they can successfully Test Marti now or more likely after Alameda is done and dusted is one for the Alumini, but first they have to determine what went awry..?

    And that's where the waters get muddy so to speak, as earlier in unit 3 they'd had a kick and upped mud weight to 1.45sg when the drill issue popped up. Then again in Alameda they got another kick and mud weight got upped again, to what we didn't know or at least I couldn't see? Although JIM has since pit forward an sg of 1.8, and that got me thinking along the lines of the mud video posted as to what, when & why?
    https://hotcopper.com.au/data/attachments/6266/6266858-9b5d4d402e84c4743b49bb7e0e27235e.jpg


    https://hotcopper.com.au/data/attachments/6266/6266850-4b487b2687df6b562b88ecb5d47ea57e.jpg

    Mud got upped in Unit 3 and again in Alameda when they sidetracked with higher mud again on recovery.. Up to 1.45sg & again to 1.8sg prior to completion.

    So now you have a little sidetrack, additional pressure & a highly fractured carbonate reservoir to manage. It's getting tricky to juggle about that time onwards I believe.

    https://hotcopper.com.au/data/attachments/6266/6266826-32e975c76cc87e25206e726f927c88cf.jpg

    As I said, still a few questions need to be answered down deep so I can see why AP stated they were on the move.

    Thought about waiting for Human Intelligence (LB) to lay it all out for me but then thought why not give the Artificial Lad a crack at it? At least he uses a singular font color and style and doesn't feel the need to yell at me in doing so.. hehe ;-)

    FollowingQuestions all drawn from snippets out of ASX ann's & please note the responses are general in nature and should not be relied upon. IMO

    H8teyWhat is the maximum mud weight you could runover a highly fractured limestone carbonate reservoir?

    Meta AI The maximum mud weight that can be run over a highly fracturedlimestone carbonate reservoir depends on various factors, including: Reservoirpressure Fracture gradient Rock strength Porosity and permeability Generally,in a highly fractured limestone carbonate reservoir, you would want to minimizethe mud weight to avoid: Reducing the reservoir's natural permeability Causingformation damage Inducing lost circulation A common practice is to use a mudweight that is slightly above the reservoir pressure, to prevent influx ofreservoir fluids into the wellbore. However, this must be balanced against theneed to maintain well control and prevent lost circulation. Typically, in afractured limestone carbonate reservoir, a mud weight in the range of 1.0-1.2 sg(specific gravity) would be considered relatively high. However, this can varydepending on the specific reservoir conditions. It's important to note that theoptimal mud weight will depend on the specific well and reservoircharacteristics, and should be determined through careful planning andengineering analysis.

    H8tey What does this statement infer in relation to an oil welldrilling operation that didn't flow oil to surface on test despite goodfracturing and high pressure?
    "It is suspected at this stage the lack of flow is attributable toemulsions in the lower portion of the test string. Mechanical blockage has beenruled out".

    Meta AI This statement infers that the oil well drilling operation wasexpected to produce oil, but despite: Good fracturing (suggesting adequatereservoir stimulation) High pressure (indicating potential for flow) No oilflowed to the surface during the test. The team has ruled out mechanicalblockage (e.g., pipe obstruction) as the cause and suspects that emulsions(mixtures of oil and water) in the lower part of the test string (equipment)might be preventing oil flow. In essence, the issue is likely related to fluidproperties and interaction within the wellbore, rather than a physical blockageor inadequate reservoir stimulation.

    H8tey How would this be of assistance? "Pressure recorders arein the process of being recovered and, once analysed, are expected to providefurther details on reservoir performance and downhole conditions".

    Meta AI The recovery and analysis of pressure recorders will providevaluable data on: Reservoir performance: Pressure data will help understand howthe reservoir responded to the drilling and testing process, including itsability to produce oil. Downhole conditions: The pressure recorders willprovide information on the pressure and temperature conditions at the bottom ofthe well, which will help identify any potential issues affecting oil flow.This data will assist in: Confirming or ruling out the suspected emulsions inthe test string as the cause of the flow issue Identifying potential reservoiror wellbore damage that may be impacting oil flow Optimizing future testing andproduction strategies to improve oil recovery The pressure recorder data willprovide crucial insights to help diagnose and resolve the issue, allowing theteam to refine their approach and improve the chances of successful oilproduction.

    H8tey And this statement, what clues can we take? "Twoattempts were made at flowing the well, however in both cases the completeremoval of drilling mud and downhole fluids from the test string was notachieved and oil did not flow to surface."

    Meta AI This statement provides the following clues:
    Incomplete removal of drilling mud and downhole fluids: Despite two attempts,the wellbore fluids were not fully cleared from the test string, suggestingthat the well may not have been properly cleaned up after drilling. No oil flowto surface: Despite efforts to flow the well, no oil reached the surface,indicating a potential blockage or restriction in the wellbore or test string.
    Repeat failure: The fact that two attempts were made and failed suggests thatthe issue is persistent and may require a different approach to resolve. Theseclues suggest that the issue may be related to: Inadequate wellbore cleanupResidual drilling mud or fluids blocking the wellbore or test string Potentialdamage to the wellbore or reservoir Insufficient drawdown or pressuredifferential to induce oil flow These clues can help guide furtherinvestigation and troubleshooting efforts.

    H8tey And this? "The well was tested through a 4-1/2” slottedliner with a packer set at 3531mMD. Despite good indications of fracturing fromwireline logs, FMI (see figure 1) and high reservoir pressures, results of thetest were not as expected."

    https://hotcopper.com.au/data/attachments/6266/6266847-b3218d6c8887f883cdd2424b9beed500.jpg

    Meta AI This statement provides additional clues: Wellconfiguration: The well was tested through a 4-1/2" slotted liner, whichallows fluid flow from the reservoir into the wellbore. Packer setting: Thepacker was set at 3531m MD (measured depth), indicating the depth at which thepacker was placed to isolate the test interval. Good indications of fracturing:Wireline logs and FMI (Formation Micro-Imager) data suggested that thefracturing process was successful. High reservoir pressures: The reservoir pressureswere high, indicating a potentially productive reservoir. Disappointing testresults: Despite these positive indicators, the well test results did not meetexpectations. These clues suggest that: The well's completion design andfracturing treatment may not be the primary issue. The reservoir itself mayhave properties that are limiting fluid flow, such as low permeability or highviscosity fluids. There may be an issue with the connection between thereservoir and the wellbore, such as a poor cement job or inadequateperforations. These clues can help guide further investigation and analysis toidentify the root cause of the disappointing well test results.

    H8tey And finally, if we tie it all together with this comment whatdoes it tell us about the well? "The Marti reservoir section will now besuspended whilst available data is analysed. Testing of the shallower Alamedaformation will be conducted in parallel."

    Meta AI Tying all the clues together, we can conclude that: The well hasa good reservoir with high pressures and indications of fracturing. Thewellbore has been properly drilled and completed with a slotted liner andpacker. However, despite these positive signs, the well test results weredisappointing, with no oil flowing to the surface. The issue is likely relatedto the inability to fully clear the wellbore of drilling mud and downholefluids, potentially causing emulsions or blockages. The pressure recorder datawill provide further insights into reservoir performance and downholeconditions. Overall, the well has potential, but there are issues with thewellbore or completion that need to be addressed to achieve successful oilproduction. The team should focus on resolving the fluid clearance andpotential blockage issues, and then re-test the well to realize its fullpotential.

    H8tey What is the most likely answer considering all the clues?

    Meta AI Based on all the clues, the most likely answer is: The well isexperiencing a blockage or restriction in the wellbore or test string,preventing oil from flowing to the surface. This conclusion takes into account:Good indications of fracturing and high reservoir pressures Disappointing welltest results despite proper wellbore configuration and completion Inability tofully clear drilling mud and downhole fluids from the wellbore Suspectedemulsions in the lower portion of the test string Pressure recorder datapending analysis The combination of these clues suggests a wellbore orcompletion-related issue, rather than a reservoir or fracturing problem.

    H8tey Earlier they had encountered elevated gas readings and didthis. Prior to commencing the DST, elevated gas readings were encountered andmud weight was increased to 1.45sg. What effect might that have later onfurther down?

    Meta AI The increase in mud weight to 1.45sg to control elevated gasreadings earlier in the operation could have several effects later on in thewell: Increased pressure: The higher mud weight increases the hydrostaticpressure in the wellbore, which could help control the gas influx but alsoincrease the pressure on the formation and potentially cause damage.
    Reduced permeability: The increased mud weight and pressure could reduce thepermeability of the formation, making it more difficult for oil to flow into thewellbore.
    Mud solids invasion: The heavier mud could invade the formation, potentiallycausing damage and reducing the effectiveness of the fracturing treatment.
    Impact on wellbore cleanliness: The increased mud weight and pressure couldmake it more difficult to fully clear the wellbore of drilling mud and debris,potentially contributing to the issues seen during the DST. These effects couldcontribute to the disappointing results of the DST and the suspected blockageor restriction in the wellbore or test string.

    H8tey What do the following drilling disclosures indicate? LR 5.30 (a)LR 5.30 (b) Alameda-3 appraisal well, conventional oil. Block 9 PSC, onshoreCuba about 140 km east of the capital, Havana. LR 5.30 (c) LR 5.30 (d) MelbanaEnergy holds a 30% interest and operatorship. N/A LR 5.30 (e) LR 5.30 (f)Fractured limestone. One zone with open slots in the liner were open to flow:3642-3880mMD. LR 5.30 (g) Drill stem testing over a total period of 6 dayswhich included multiple shut in and flow periods. LR 5.30 (h) Oil contaminatedwith drilling fluid was recovered after reverse circulation. LR 5.30 (i) LR5.30 (j) No formation water was recovered. Oil did not flow to surface so nomeasurable flow rate was recorded.

    Meta AI These disclosures provide information about the Alameda-3appraisal well, an onshore conventional oil well in Cuba, operated by MelbanaEnergy with a 30% interest. The well was drilled to a depth of 3880m MD(measured depth) and encountered fractured limestone. The well was tested over6 days with multiple shut-in and flow periods, but oil did not flow to thesurface, and no measurable flow rate was recorded. The disclosures indicate:The well encountered oil but was contaminated with drilling fluid (LR 5.30(h))No formation water was recovered (LR 5.30(j)) The well was not able to produceoil to the surface (LR 5.30(i)) The well was tested using drill stem testing(DST) with multiple shut-in and flow periods (LR 5.30(g)) The well has openslots in the liner over a specific interval (3642-3880m MD) (LR 5.30(f))Overall, these disclosures suggest that the well encountered oil but was unableto produce it to the surface, likely due to issues with the wellbore orcompletion, as previously discussed.

    H8tey What is the % probability of each scenario based on the facts asthey stand?

    Meta AI Based on the facts, I'd estimate the probability of eachscenario as follows:
    Blockage or restriction in the wellbore or test string: 70%
    Reservoir or formation issues (e.g., low permeability, high viscosity): 20%
    Incomplete or ineffective fracturing treatment: 5%
    Wellbore or completion design issues: 3%
    Other (e.g., unexpected geological features, drilling fluid issues): 2%

    Please note that these probabilities are approximate and based on theinformation provided. As new data or insights become available, theseprobabilities may change. The high probability of a blockage or restriction inthe wellbore or test string is due to the inability to fully clear drilling mudand downhole fluids, suspected emulsions, and the lack of oil flow despite goodindications of fracturing and high reservoir pressures.

    I don't know, what about the boffins, what do they think? Is our new Meta Materight? Can they address the probable issue and get a valid testin after Alameda, or are things going to be compromised regardless, so damnedeither way? I'm not sure but gut says the lower section may be compromised?

    https://hotcopper.com.au/data/attachments/6266/6266873-74812000a9a9c3825d8ccf407a14a4dc.jpg


    I don’t know, but what I do know is that some good news is long overdue which is why I feel AP hasbeat the drum back to Alameda y pronto senor, vamos vamos... H8tey gltah


 
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