Post by
billythekidd on Dec 20, 2021 5:08pm
2021 Oza 1 Well Timeline
Jan29/21 Finalizing loan documents for Oza 1 work...Road built/ concrete pad/ buliding and infrastructure have be on site and preparing to commence opertaionsen completed and Drilling rig Contracted..." Early production will be immediately delivered and sold on a a expedited basis...... Apri8/21 Oza 1 well re-entry continues: Drilling rig contracted and needs to be mobilized from Port Harcourt.... May27/21 Update to Oza - 1 well re-entry; Its anticipated rig will be moved and rigged up within two weeks. " The Oza field has signifivant export and production through processing and infrastructure already in place and operational which will allow for immediate export and sale of crude oil from the Oza 1 well......... June17/21 Company continues to prepare for Oza 1 re- entry.... Rig in final rigging up stage and well re-entry is anticipated to begin shortlt. The company anticipates the Oza well is on track for testing and production around mid July..... ' Infrastructure is in place which will allow for the immediate export and sale of crude oil from Oza 1 well.... July15/21 Rig on site and preparing to commence operations. " Flow testing will go directly into the pipeline to the Bonny Export Terminal to GENERATE NEAR TERM CASH FLOW.... Sept1/21 Well re-entered with initial flow testing ongoing...... Oct 21/21 Well testing completed in three zones amd completion operations have commenced..... Nov2/21... COMPLETION OPERATIONS CONCLUDED.... " Logistics and export activites for the OZA 1 well are being finalized at which point the well will commence commercial production... The company is evaluating the next Phase of Development drilling... Just thought i would share this timeline on Oza 1 that started in January of 2021..... It was a smoke screen with all the delays and the constant quote of " Infrastructure in place to allow for the immediate export and sale of crude oil . Then after completetion conclued to the quote of export activities for Oza 1 are being finalized...... Seven weeks later and not Booh from the Comany on Oza 1 WTF .... Lots of investors in around the 90cent to the Dollar range will be running with the first sign of liquidity
Comment by
investor55x on Dec 20, 2021 7:02pm
It seems something is going massively wrong here...