In this video you can see a petrografic thin sectione, glued on a small glas plate. I think the yellow brownish stuff is the glue, which filled up the natural fractures, which I marked. It Can be that the fractures are smaller downhole (there are formulas how to calculate the corrections) but IMHO this natural fractures look very good. So with a little bid of good luck this Welchau 1 exploration well is connected to a large natural fractured system which could deliver great production rates.
I am not happy that the production test at Welchau takes so long before executed. But on the other hand ADX keeps the newsflow up.
First we hopefully see the restart of oil production 1st of April
Second the sidetrack in Anshof and soon a few hundred bbl/d oil production. This should help the cash flow.
Third the other gas ecploration well
Fourth the well test at Welchau in October this year.
This could mean that the share price could go upwards in a very consolidated way if everything works out . Fingers crossed.
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- Ann: Welchau-1 Well Discovers Condensate Rich Gas
In this video you can see a petrografic thin sectione, glued on...
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