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Candax Energy Inc CXEYF



GREY:CXEYF - Post by User

Bullboard Posts
Post by Malahaton Feb 04, 2008 6:25pm
243 Views
Post# 14316630

Water problem maybe not so bad

Water problem maybe not so badIf the EBB3 well is completed without problems, then there will be sufficient gas production to provide the gas necessary to establish the gas lift to dewater EBB4. The news report implies that EBB4 does not currently demonstrate an effective gas lift. In the event that the gas lift on EBB3 does not establish itself, then they'll have to resort to down-hole pumps to move oil (and/or water) until the gas lift reasserts itself. The good news is EBB4 is completed and ready to go into production one way or another. I can wait until March. JMHO!
Bullboard Posts