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This is the current update I have from Solimar on...

  1. 30 Posts.
    This is the current update I have from Solimar on SELH.
    Unfortunately the work on SELH has slowed down due to complications with the old wells we have been redrilling. We are looking at ways to clean them up so that we can continue – we still remain optimistic about them. We are also getting closer to finalising a gas sales agreement for Jack Hamar 3-13. Unfortunately when dealing with these larger companies, areas of importance to us are not to them and we have to keep hassling to get results but we are getting there. We will be releasing our quarterly by the end of the week which will have the latest regarding SELH.

    The Maricopa well has a production rig on site at the moment and so far everything is running to schedule. We hope to make an announcement on that within the week. At the moment all I can say about the reserves is that the electric logs indicate a potential oil pay of approx. 130 ft in the primary contact sand.



 
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