OTCPK:WSRLF - Post by User
Comment by
not4anymoreon Feb 16, 2012 2:50pm
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Post# 19544725
RE: RE: another interpretation
RE: RE: another interpretation Aton, the MQ well proved sweet light oil without any indication of formation water over a significant reservoir section. This well flowed oil at restricted rates over a short time which LIKELY did not allow the well to clean up properly. Some formation damage should be expected since we are dealing with a tight-ish sands and an operator that was LIKELY overly cautious with respect to well control issues. There is a learning curve!
The shallow zone at 500 meters is intriguing.
K-2 is getting close.
IMO, this was a positive news release.