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Ann: Welchau-1 Discovery Well Update with Data Analysis, page-13

  1. 1,264 Posts.
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    Thanks mate,

    Great video, a few short-term catalysts:
    • Anshoff permanent facility kick start production.
    • Potential sidetrack at Anshoff to supplement 140 to 1000 barrels a day.
    • Results of type of hydrocarbons to surface over the next few weeks
    • core analysis and update to prospective resource by May end
    • Another small shallow gas well up north with MND with 60% pre-drill success close to infrastructure (100M Euro potential value)
    • Commercial flow test of Welchau.

    Going to be a big year with Oil prices being primed , who know where Oil will be given the tensions in Middle East . Also the potential of gas discovered at Welchau to reduce Austrian gas dependence on Russia.

    I am strapped in.
    Last edited by MorbidFury: 03/04/24
 
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