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San Lorenzo Gold Corp V.SLG.RT


Primary Symbol: V.SLG Alternate Symbol(s):  SNLGF

San Lorenzo Gold Corp. is a Canada-based company engaged in the business of exploring for and advancing mineral properties. The Company is focused on exploring for gold, copper, silver, and cobalt. The Company has three 100% owned properties in Chile: Salvadora, Nancagua and Punta Alta. The Salvadora property is being explored for large scale copper-gold porphyry targets and high-grade epithermal gold-silver-copper vein systems. The Salvadora Project consists of about 25 exploration concessions and nine exploitation concessions totaling 8,796 hectares (ha). Nancagua is a high grade mesothermal gold-silver prospect and has six linear kilometers (km) of veins. The Nancagua Property is located approximately 120 km south of Santiago, Chile. Punta Alta is an IOCG prospect with related disseminated and vein style high grade copper-gold-silver-cobalt mineralization. The Punta Alta property consists of seven exploration concessions totaling approximately 2,000 ha.


TSXV:SLG - Post by User

Bullboard Posts
Comment by OILANDGASon Oct 07, 2007 2:25am
532 Views
Post# 13535317

RE: Just found out about Avington -3z well

RE: Just found out about Avington -3z wellPRESS RELEASE: Avington-3z Production Testing- Preliminary Results Egdon Resources Plc (AIM:EDR), the onshore UK focused energy company, notes today’s announcement by the operator Star Energy plc in relation to production testing operations on the Avington-3z well in the onshore UK licence PEDL070, where Egdon holds a 20% interest. Drilling operations at the Avington-3z well, which was drilled to a total depth of 2498 metres, were completed on 11th July 2007. Due to difficulties in installing the planned jet pump completion, the well has been on free-flow production through a 14/64 inch choke since the 10th of August since which time the well has been producing an average of of 470 barrels per day of 38 deg API oil with only minor traces of water. The well will be left on free-flow production until the jet pump is installed in the near future. Commenting on current operations at Avington Mark Abbott, Joint Managing Director of Egdon said: “Although it is still in the early stages of the evaluation of Avington-3z, we are encouraged by the results to date. We await completion and testing of the well with a jet-pump to give a further indication of the well’s true commercial potential.” Looks like a pretty good well, where did you get 40 BOPD? According to the press release it was a flowing oil well at 470 BOPD on a very small choke (14/64"). I do not know why they would want to put a pump on this well at this point in time because it can flow on it own unless the jet pump could substantially increase the flows. In Alberta when you have a flowing oil well you usually allow it to flow on it own until it stops then you put pump the well.
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