BE WARY OF PRODUCTION CLAIMS! ADD UP THE TOTALS OF JUST THESE PAST 4 POSTED NEWS RELEASES:
(120 to 150) =135 BBLS AVERAGE + 156 BBls + 115 BBls + 100 BBls = 506 BBls
MONTHLY PRODUCTION: 506 BBls X30 DAYS =
15,180 Barrels per MONTH
LOOK AT DOCUMENTED MONTHLY PRODUCTION FOR THE PERIOD ON THE Mississippi Oil & Gas Board (Bottom of page)
ODE'S 4 NEWS RELEASES PROVED TO BE 1.5 TIMES GREATER THAN ACTUAL PRODUCTION!
BUT WHERE IS THE PRODUCTION FROM THE OTHER 26 WELLS THEY ALWAYS CLAIM ??
SOMETHING IS OUTRAGESLY WRONG! BE WARY OF ODE NEWS RELEASES BECAUSE HISTORICAL RECORDS
PROVE THEY ARE A POOR GUIDE OF SUSTAINABLE PRODUCTION! BEWARE!
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(September 5, 2006) Odyssey Petroleum Corp. (TSX-V symbol: ODE) (the "Company" or "Odyssey") is pleased to announce that a new recompletion in an existing well at Pelahatchie Field, Rankin County, Mississippi initially flowed at a rate of 450 barrels of high gravity (48 degrees) oil per day with no water; with flowing tubing pressure of 420 psi on a 20/64th choke. Placed on a 9/64th choke, the well flowed approximately 200 barrels of oil per day with no water and with flowing tubing pressure of 640 psi. Currently the well is flowing at the rate of 75 barrels of oil per day with no water and flowing tubing pressure of 840 psi - the small choke put in the well to restrict production while the production personnel worked to make more available room in the stock holding tanks over the Labor Day weekend. When more room is available, the Company plans to produce the well on a 7.5/64’s choke and anticipates that the well will continue to flow between 120 to 150 barrels of oil per day
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(November 14, 2006) - Odyssey Petroleum Corp. (TSX-V: ODE) (the "Company" or "ODE") is pleased to announce the following update on its four-well re-entry program at Verba field, Jasper county, Mississippi.
The company has successfully completed the third of its’ four-well re-entry program at Verba field. This well - which was reentered and cleaned out to 10,340 feet, then evaluated with a Baker Atlas pulsed neutron log; revealed 10 potential oil zones containing a cumulative sixty feet of possible oil, according to Drew Maness, P.E. and Vice-President of U.S. Operations.
Perforated yesterday in the 9,800 foot sand, the well flowed on a two hour test at the rate of 156 barrels of oil per day with no water.
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(November 17th, 2006) : Odyssey Petroleum Corp. (TSX-V: ODE) is pleased to announce that a new re-completion in an existing well at Pelahatchie Field has tested over 100 barrels of oil per day. Pumping through an 8/64th choke with 250 psi, at 4 strokes per minute, the well produced at the rate of 115 barrels of oil per day with no water on a 24 hour test. Completed from perforations in the 10,700 ft Rodessa formation, the well was put into immediate production.
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(September 24, 2007) - Odyssey Petroleum Corp. (TSX-V: ODE) (FSE: YQN) advises that the Company has completed the recently drilled Harold Karges 1A well in Pelahatchie Field in the prolific 11,300 Hosston Formation. Testing over the past four days resulted in an initial swab test at rates from 220 to 480 barrels per day on an open choke and then a stabilized flowing (last 75 hours) rate averaging 100 barrels of oil per daywith no water on a 14/64ths choke with tubing pressure of 215 psi. Drilled to 11,500 ft, the Karges 1A well encountered numerous potential productive zones beginning at the Tuscaloosa depositions at 6800 ft subsurface through the multiple Hosston formations at 11,400 ft subsurface. These stacked "pay zones" will now become future offset developmental drilling targets
