WISR Ltd V.WZR

Lower Zones

[muley1]

The Shiranish at around 3000 meters and the Qamchuga in around the 3800 meter zone are the payzones where the neighbours have been hitting oil. As these zones have been undoubtably been drilled through we are just awaiting results. I beleive some posters are under the impression we will hit oil any day. From the historical perspective on this company they certainly will not be telling us if and when they hit oil. They have to undertake all the steps required to test the well to determine production rates. If there is no oil/gas to test then no time is lost and I beleive we should have heard by now. If there is a small hydrocarbon zone of say 50 meters, again it is fairly quick to test. If it is a deeper zone then of course more time is required. February should be a very interesting month for this company!