RE: I have a feeling...Dont worry about the gas. Remember the first test flowing like a dream until they had a leek and had to kill tke well with mud.
*Operations for the first production test of the previously announced 4 test programme on Karl-101 are continuing. The well has been flowing for 20 hours to obtain preliminary data prior to the planned acid stimulation. The maximum hourly production rate during this flow period was 4.7 million cubic feet (131,000 cubic metres) per day and an average condensate yield of 50 barrels per million cubic feet, giving a maximum combined rate of 1,018 barrels of oil equivalent per day (boepd).*
https://www.transeuroenergy.com/s/NewsReleases.asp?ReportID=448614&_Type=News-Releases&_Title=UKRAINE-FLOWING-1000-BOEPD-FROM-FIRST-INTERVAL-BEFORE-ACIDISING
Transeuro have obtained a lot of data from these tests David told me in a mail :
It is unfortunate the well did not produce as expected but this is exploration company and these results happen.
We are excited about the information we gathered from testing and see a large upside to a hydraulic Frac.
All the best
David
Parry.
Next trigger will be money coming. Probably from a JV or partner. I picked up a couple of mails from TSU :
We are looking and discussing with partners and I expect we will frac in late august or early September subject to equipment being available.
All the best
David
Sent: Thursday, June 02, 2011 7:57 AM
To: david parry
Subject: RE: Transeuro Energy Corp.
Hi!
Do you know when you will start fracking at Karl?
Will there be a new partner and when will that be present?
Another funny thing I know someone here will like to see : Statoil near the Ukraine deal :
https://translate.google.com/translate?js=n&prev=_t&hl=da&ie=UTF-8&layout=2&eotf=1&sl=no&tl=en&u=http%3A%2F%2Fwww.tu.no%2Fiphone%2Farticle287353.ece&act=url
and this is subject to some discussion in Norway :
https://www.eegas.com/ukraine.htm
A lot of things going on. Hope to hear about financing very soon. It might bring Karl alive and producing from several wells much faster if the money were present like a JV or a partner like Questerre.
Have a nice weekend.