Maxim Resources Inc. V.MXM

more about the 722 boe/d

[SRT10]

tommer3 = tom brandy

could be !!!!!!!!!       maybe !!!!!!!!!     if it is , it puts the puzzle together. 

the promo method seems the same, regurgitate the 722 boe/d  stuff as maxim did for so long

I wonder how much money can be made from talking about a well that tested 722 boe/d 2 years ago and hasn't produced much more than 100 boe/d since the well was brought into production and a work over and now pumping or flowing with a number of 80 boe/d .  Too freakin funny eh!!!!!!!   



 

About the South Erin Block, Trinidad & Tobago

 

The South Erin Block is comprised of approximately 1,350 acres in southwest Trinidad, which is about 40 miles southwest of the Port of Spain and approximately 18 miles southwest of San Fernando. The participants in the South Erin Block oil development program are Maxim Resources with a 69% working interest before payout and a 41% percent net revenue interest (after payout), Jasmine Oil and Gas (the Operator) with a 20% net revenue interest after payout, and Macallan Oil and Gas a 39% net revenue interest after payout. This largely unexplored farm out block is west of and adjacent to the Erin/Palo Seco oil block, from which BP and Texaco Oil have produced over 200 million barrels of oil.

The South Erin Block discovery well was drilled in July 2006 to a depth of 6000 feet and flow rates were:

 

Zone 1 The Lower Forest A Sand At 3100 ft – 80 ft of net pay 12/64 choke – 620 PSI Flowing Tubing Head Pressure – 320 BOPD

 

Zone 2 The Lower Forest B Sand At 3200 ft – 100 ft of net pay 12/64 choke – 500 PSI Flowing Tubing Head Pressure - 282 BOPD

 

Zone 3 The Middle Cruse Sand At 5000 ft – 30 ft of net pay 1/4 choke – 420 PSI

Flowing Tubing Head Pressure - 120 BOPD Total Cumulative Flow Rate for all three zones - 722 BOPD