Why are they saying the TVD will be 40m less than Al1?
I'd be happy with mid 20's oil, the USA Gulf refineries are flooded with light oil due to high US Shale field outputs.
They are trying to balance this by bringing down more heavy Canadian crude but it would be far far easier to get some of it from Cuba.
The other thing in the latest presentation that I thought was abit strange is the commentary about flow testing A3 thru open hole test before TVD.
I expect its because they are saying they will complete A3 for production from one or the other of the two lower fields.
It's a big diameter drill hole though as you can gauge from the 18-5/8 casing point.
We'll be here a while even if all goes to plan.
Ann: Block 9 Commencement of Alameda-3 drilling, page-83
-
- There are more pages in this discussion • 473 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
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $80.88M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $68.51K | 2.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 338720 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2244796 | 10 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |