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WISR Ltd V.WZR


Primary Symbol: WSRLF

Financial Services Credit Services
Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.


OTCPK:WSRLF - Post by User

WISR Ltd
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Comment by GambitXon Mar 09, 2009 7:47am
860 Views
Post# 15829929

Operartional News - Not good

Operartional News - Not good- Sarqala-1 has been drilled to a depth of 4,357 metres. The well has penetrated through the Lower Fars, Jeribe and Euphrates Formations and has recorded numerous indications of oil and gas in these formations. Analysis of the oil shows indicate the oil is light (34 to 35 degrees API) and sweet (less than one percent sulphur). While attempting to complete wireline logging operations across the intervals with the oil and gas indications, the equipment encountered a wellbore obstruction which prevented logging. After drilling through the wellbore obstruction, the drilling assembly became stuck in the hole and subsequent recovery operations have been unsuccessful. The well will be suspended pending evaluation of the feasibility and merits of future drilling options on Sarqala, and in the meantime the drilling rig will be moved to Kurdamir-1.
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Dealroom for high-potential pre-IPO opportunities
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