The last Ann. pre-ordained the shut in IMO, so no surprises there.
And for those concerned about the last paragraph, have a re-read. It is a positive comment!
"Further analyses are required to determine the impact, if any, of the performance of the Icewine#2 well on the probability of success for the HRZ play at the Franklin Bluffs location and over the wider acreage position.And, we have a defined course of action in front of us to continue the determination of IW2v's flowability.
"...swabbing is a form of “well control” that releases bottom hole pressure in order to “kick” the well off. When wells are first drilled, they are usually fractured by a pressurized liquid to help open up “production zones” where oil or gas can travel to. The next step is where the actual swabbing takes place."Remains simply a WIP update for me. Will be looking to build my position on any over-reaction to this.
GLA
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