Canadian Imperial Venture V.CQV.H

RE: PDIP Update

[turr]

Since no depletion was detected during the initial well test, PDIP have been advised that a repeated flow and pressure build-up test, to be conducted over a longer time period than the first well test, would be valuable, providing further information on the reservoir that could be used to determine more accurately the volume of oil in place. The well was therefore shut-in at 1700 (NL time) on 5th February in preparation for the second production and build-up test. Does this mean that they allowed the well to flow at this 312 barrels/day and since it was consistent with no pressure drop that they will now let the well flow at a greater rate and see if it can maintain pressure and eventually fine a maximum point where they can let the well flow and not lose pressure?????anyone