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Wix.Com Ltd T.WIX


Primary Symbol: WIX

Wix.com Ltd. is an Israel-based company engaged in the provision of a website building platform. The website building platform belonging to the Company enables businesses and organizations to take their businesses, brands, and workflow online. The Company provides solutions that business owners can use to incorporate various aspects of their business on their websites, such as selling goods, making reservations, and scheduling and confirming appointments. The Company provides front-end solutions, as well as a back-end management dashboard. The Company has developed software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music, and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user without the need to write code.


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Post by zorgon1on Jan 31, 2011 11:57am
526 Views
Post# 18049939

Testing Started

Testing StartedWhat a difference 10 days makes.  Political uncertainty in the whole region but actually maybe settling down a bit in Tunisia or at least overshadowed by news from Egypt.

News out today:

Winstar Provides Update on the Testing Schedule of its Silurian Exploration Well in Southern Tunisia (cnw)

CALGARY, Jan. 31 /CNW/ - Winstar Resources Ltd. ("Winstar" or "the Company") (TSX: WIX) provides an update on the testing of Chouech Essaida Silurian #1 Well ("CS Sil #1"), on its 100%owned and operated Chouech Essaida Concession in Southern Tunisia.

The Company is pleased to report that the extensive testing program on CS Sil #1 commenced today and should require a minimum of three weeks to complete.

There are five individual production test intervals within the Silurian Tannezuft and Acacus Formations scheduled for CS Sil #1, all of which were assessed using open-hole log data. The Devonian Ouan Kasa and T iassic TAGI Formations will not be production tested at this time duet o the complexities associated with the downhole testing equipment configuration.

Testing is designed to determine the fluid type, initial deliverability and reservoir pressure of each Silurian zone within numerous packages of sandstone. The Company continues to caution that open-hole log data i  interpretative and that a comprehensive testing program is required o estimate better the technical reservoir parameters and productive capacity of the well.

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