hmmmm naaa not buying that we got a announcement on the 15th of december stating this. so we knew before that. There response back then.
● Oil flows to surface at Killanoola DW1 located in the Penola Trough, South Australia
● New pump to be installed after equipment issues discovered during production testing
● Contractors have been demobilised with on-site project activities to resume in 2024
● First revenues from Innamincka
Australian Oil and Gas explorer and developer, Red Sky Energy (ROG: ASX) (Red Sky or the Company) wishes to
advise that it has suspended operations at the DW1 well within the Killanoola Oil Project (Killanoola) located in
the Penola Trough, South Australia. Post receiving approval from the Government of South Australia (SA)
Department for Energy and Mining (DEM) and mobilising contractors to site immediately, works to prepare the
well for the extended production test commenced on Tuesday 5 December 2023.
Upon completing the piping and instrumentation work at surface, carrying out the pressure tests on the
equipment at surface, and going through all safety checks, the well was opened for flow. An initial rate of 62
bbl/day on an increasing trend, was observed. A down hole mechanical failure of the existing pump led to the
well losing its capacity to lift fluid to surface. After holding meetings with the pump manufacturer and trying to
troubleshoot the problem, a decision was made to halt operations until a new pump is installed. The installation
of this new pump will require a well intervention and will form part of the 2024 work programme.
Red Sky Managing Director, Andrew Knox, commented:
“Despite the mechanical failure of the pump, we are encouraged by the initial flow rate we observed, the
heating system has demonstrated its value to manage the waxy crude, and we have completed this
operation without any incident or accident. The performance of the wax inhibitor cannot be fully assessed
now due to the short flow period. We remain upbeat for the coming year as the plan is to come back to
the site to change out the pump and drill the additional wells that have been identified through the 3D
seismic interpretation.
The Company is pleased with first revenues for the sale of processed gas from the Innamincka project
which will continue on a regular basis with liquids sales to follow.”
you also responded to that announcement waiting in the quarterley's where did that get ya? same copy and paste.
If these guys want to be taken more serious by new investors start feeding the information they need and want. Yes I will go back to it the SP shows this.
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