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WISR Ord Shs V.WZR


Primary Symbol: WSRLF

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

Bullboard Posts
Comment by canadafoxon Mar 04, 2012 3:53pm
354 Views
Post# 19624498

RE: Target

RE: Target

nodrog;  There appears to be a misconception concerning the word 'correct'.  Correct is only known after the fact.  Pretty much all wells in Kurdistan will be drilled at a PROGNOSED crestal position as this the gives best chances of intersecting over a given well depth the highest number of potentially hydro-carbon bearing layers at their shallowest depths and at the position of greatest formation stress ( for fractures ).  Qara Dagh had poor seismic data because the anticline structure is heavily eroded and the bulky VibroSeis ( TM ) units ( hi-quality data ) could only cover a fraction of the PSC area.  When you see the pictures then you will know why.  QD is a very high exposed anticline ( hence the weathering ) and the formations have extreme dips as you outline.  The surface forms ( sidewalls ) are quite spectacular.  WZR's blocks are buried anticlines where there has been no weathering of the equivalent producing formations and the anticline deformation is much less.  This means that seismic data was much simpler and of much higher quality than on QD and other more Northerly Kurdistani structures.  This is even before the planned 3D on Garmian for example.  The K-2 well is only 2 Kms approx. from K-1 and WZR will have a very precise estimate of where these downdip formation intersections lie.  They will not 'miss' the planned target zones.

Bullboard Posts