OTCPK:WSRLF - Post by User
Comment by
miner49er62on Nov 15, 2009 2:15pm
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Post# 16488428
RE: RE: This may be of interest
RE: RE: This may be of interestRIght on Atomicboy, that is what everyone is forgetting .
They have oil and will, as you say claim thair prize probably as soon as they are on track under their agreement with KRG to drill three exporation wells. I guess you could consider the job done at sarqala because KRG and WZR now know there is a resource there so to save time, instead of developing the well they moved to the next location to get number two out of the way.
IMHO we have a huge win here and it will get bigger when they get us numbers on the reserves of condensate in Kurdamir-1 and when they get into the cretaeteous. Then they will likely run tests and my oh my, probably do a sidetrack at Sarquala to finish her up and test, giving us more numbers. Then onto number three, or maybe co-incidentally with testing sarqala.
Whatever they do they have oil at Sarqala and a huge intercept of gas and condensate at Kurdamir-1 with a likelyhood of oil again in the Kurdamir-1 cretaeceous zone shortly. As they are telling us, oil is often downflank of gas discoveries here, or deeper in the formations.
Miner