i totally agree with your last paragraph post.. especially :
(In the case of Paradox if GGE get the helium to flow it can at least potentially revitalise the Lisbon plant for them)
GGE will definitely get the increased flow rates after the correct horizontal stimulation extraction process is applied properly to Jesse-2 well. ( this should have been done immediately at the initial drilling of Jesse-2 well after examining the wire logs and 2D seismic survey results which will give the driller rig direction on which way to drill the horizontal stimulation well, preferably towards the raw gas reservoir, this could of been done after a week of testing .
IMO this is exactly what will happen after GGE's horizontal stimulation of Jesses- 1 well and Jesse-2 wells , GGE should achieve a higher flow rate between 5Mmcf and 20Mmcf/ day , because of the Depht of the helium reservoir found at , which determines a higher flow rate of helium after releasing the Helium raw gases from tightly packed shale and rock formation , by the horizontal stimulation process, which is a walk in the park these days...lol
Why... I am so confident GGE will achieve higher Flow Rates results in Jesse - 1 and Jesse-2 wells is that :
1/ independent experts Blade Energy engineering have examined the wire logs ( which has also indicate raw helium gas 1.5 miles away from Jesse- A1 well this alone says GGE has a potential huge Deep high pressure helium Play Fairway lease of about 1% ) and the 2D seismic survey results Blade Energy indicated they can achieve raw gas Helium flow rates after drilling a horizontal stimulation well , this is pretty exciting News .
2/ the Deeper the raw Helium composition reservoir is found the higher the flow rate pressure on the helium reservoir itself to produce higher flow rates .
I hope the BOD can make the right decision, and not do a Stupid Capital Raising just yet , we have enough money to achieve high flow rates of raw Helium gas composition to be connected to the Lisbon Valley pipeline for processing 99.995 purty Helium which is now sold at US$3,000/ mcf ....WOW..don't you think so ...lol
these are my views only DYOR
GLTALSH
256lith
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
i totally agree with your last paragraph post.. especially : (In...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GGE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $7.351M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $5.952K | 1.983M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 8533675 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 565927 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 8533675 | 0.002 |
11 | 14200009 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 565927 | 1 |
0.004 | 7884364 | 15 |
0.005 | 3241959 | 11 |
0.006 | 2985166 | 3 |
0.007 | 1563480 | 2 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
Featured News
GGE (ASX) Chart |