Hi Fellow AZZ'ers
Some GREAT NEWS so far.
Outlar is producing and yet to produce more
Sale of Oklahoma assets have been endorsed so they have cash in the bank.
We have the spud of Harrison 2 next week and the biggest news of all:
Testing of JHF-1 where operator is working frantically to test the first interval...
The biggest thing however is the size of the pipe. It has been suggested that most wells are 2,3/8 or 2, 7/8 are good for most wells...AZZ on the other hand has 4.5. Which is MASSIVE.. A similar well described from Exxon Mobil as "the jewel of the nile" was ARUN that was discovered in 1975, on stream in 1977 and in 1999 was flowing 2 billion cubic metres per day due to run out of reserves in 05/06.
My friends...this even more encouraging news for what is about to be tested. Between now and the first half of January we are going to have some very exciting times.
Thanks to Sue12 and Burratipi for this information.
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