GREY:CUDBF - Post by User
Post by
rockhounddogon Jul 19, 2011 10:22am
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Post# 18846426
Halo Penetration
Halo PenetrationIntyeresting that they achieved these results on a halo located hole. Wait until they drill the sweetest spots on the claim. Would like to see the confidential 3D modelling for it, probably made the tech person(s) wet their underwear.
•Petro One's first drill hole has discovered a new light oil pool on the Company's 100% owned J5 property in Saskatchewan, Canada.
•Excellent flow rate of 60.57 bbl clean light oil to surface in 7.75 hours from the Viking sand at 736.5 m, without stimulation, swabbing, or pumping.
•Flowing pressure in the tubing measured at surface stabilized at 1000 kpa indicating a reservoir of excellent quality.
•The well has been shut in pending installation of a separator and production tanks later this week, at which time it will be placed in full production.
•With oil flowing to surface on its own, and excellent reservoir pressures, a pump is not necessary.