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BlockchainK2 Corp. V.BITK

Alternate Symbol(s):  BIDCF

BlockchainK2 Corp. is a Canada-based holding company. The Company is focused on investing in the blockchain technology solutions for capital markets and other sectors. The Company’s portfolio companies include Amplify Games Inc. (Amplify), iRecover Inc. (iRecover), Real Blocks (Envexergy) and Standard Power. The Amplify Games Inc. offers a gaming technology platform that allows the digital game distribution and promotion. The platform uses blockchain technology to change the current studio, publisher, and influencer paradigm. The IRecover Inc. offers an online substance abuse education and support for middle, high school, and college students. The Real Blocks is a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. Standard Power provides Digital Infrastructure as a Service to advanced data processing companies such as those focusing on blockchain mining and performance computing applications.


TSXV:BITK - Post by User

Bullboard Posts
Post by blue_eagleon Nov 22, 2013 1:26pm
189 Views
Post# 21932341

operational update

operational update
DualEx provides operational update on BHN-1 well in Tunisia
1 hour ago - ACQUIREMEDIA

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

CALGARY, Nov. 22, 2013 /CNW/ - DualEx Energy International Inc. ("DualEx" or the "Company") (TSX-V: DXE) today announced the following operational update regarding the Company's BHN-1 exploration well on the Bouhajla Permit in northeastern Tunisia.

DualEx has attempted to perforate three intervals of an aggregate 15 metres of Abiod formation, which is interpreted to be hydrocarbon bearing and fractured.  Following perforation, attempts to inject acid into the formation in order to clean up the near wellbore zone and enhance the reservoir's natural permeability have been largely unsuccessful, suggesting that the perforations were not effective. As a result, DualEx is planning further wellbore diagnostic measures to ascertain the presence or absence of perforations. The wellbore will now be suspended awaiting the arrival of wellbore imaging equipment, which is expected to arrive in country within the next thirty days.

"Although this situation is unusual and not as expected, we are committed to ensuring that a proper and thorough evaluation of the BHN-1 well is undertaken" said Garry Hides, DualEx President & CEO. "Should this analysis confirm the absence of effective perforations, a second completion program will be initiated."

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