OTCPK:WSRLF - Post by User
Post by
42APIOilon Oct 29, 2013 1:23pm
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Post# 21858600
Just the facts, ma'am....
Just the facts, ma'am....
PSC for both Kurdamir and Garminian block has WZR paying 40% (Gazprom or Talisman at 40%) and KRG picking up remaining 20%.
If K3 well was real dud, testing and results would be out sooner rather than later. Likely delays (beyond testing equipment or production packer problems) are for repair of skin and/or wellbore damage possibly requiring cement squeeze to isolate formations within resevoir, which would also precipitate acid and/or frac stimulation prior to definitive test of porous Oligicene zones.
As for "Perched Water", personally encountered it in several large fields, worldwide. Always comes as surprise to Oil company, but can be verified quickly, with simple sidetrack. TLM will test, evaluate and release results from upper Oligicene before that decision is reached...rest assured.