half yearly adi
"Log analysis of this horizontal section indicates several extended zones of potential pay which will be fracture stimulated and tested as soon as an optimal program has been designed and the required equipment becomes available"
aurora half yearly says this
The Kennedy-1 well was drilled horizontally some 4,200 feet in the uppermost gas zone in the Austin Chalk and has been cased and suspended awaiting finalisation of completion plans.
Wireline logging indicated that sections of chalk within the horizontal length were gas charged although no natural fractures were encountered.
EKA
The Kennedy-1 well was drilled horizontally some 4,200 feet in the uppermost gas zone in the Austin Chalk and has been cased and suspended awaiting finalisation of completion plans.
Logging while drilling (LWD) indicated that sections of chalk within the horizontal length were gas charged although no natural fractures were encountered.
ADI have announced it could happen, in the half yearly already, the others have too i guess.
yesterday AUT announced its intentions..
Forward Plan
Investors will be aware that we have been watching with interest for disclosed results of wells drilled on nearby acreage before proceeding with completion and new drilling activities. This process has been much slower than anticipated.
We are now in a position to proceed with confidence independent of these results and will do so. Any relevant public information from results nearby remain of interest but are not preconditions to our own program.
It is important to establish a portfolio of wells ASAP from which further geological, productivity, decline, pressure and other data can be assessed over an extended period (6 months or more). Existing wells remain relevant.
The statistical nature of well performance in the Austin Chalk (as explained herein) means it is important to look at a set of wells rather than an individual well in isolation – be it an exceptional or moderate producer.
The Operator is preparing a frac design of the #1 Kennedy and a proposal for drilling a new well at Sugarloaf soon. Additional wells will follow.
EME announced last night the presentation and asked the shareholders to read the announcement...
interesting!! i see it still as a definate change in direction, AUT have said:
"We are now in a position to proceed with confidence independent of these results and will do so. Any relevant public information from results nearby remain of interest but are not preconditions to our own program."
sounds like the jvp is moving ahead with the frac independent of the results of kunde 3 and baker and definately looking at future wells "soon"
my view is that its not next year, but its on the table now for this coming months..
all imho and dyor
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half yearly adi"Log analysis of this horizontal section...
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