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WISR Ltd V.WZR


Primary Symbol: WSRLF

Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.


OTCPK:WSRLF - Post by User

Bullboard Posts
Comment by godfroggeron Mar 25, 2010 12:33am
422 Views
Post# 16921715

RE: Drilling procedure after huge oil find?

RE: Drilling procedure after huge oil find?

Hey Schill,
If you are coring the interval then you would either stop just above the reservoir or just barely into it and then circulate up a sample (and gas) to see if you hit it, then hoist up to change up your BHA to a coring assembly if you found your spot. 
If you are just drilling the reservoir without core then you wouldnt stop to circulate up a sample ( could take up to an hour or two depending on your pump rate, hole size and depth) but rather would just keep drilling through it.  Even if the reservoir was the last one before TD you would keep drilling so as to make some rat hole for the wireline logging tools and the completion tools- say 150 ft deeper than the bottom of your reservoir so the sensors on the top of your wireline tools can read into the bottom of the formation and give you a complete log.  Even if you cored it you would still go back in with a drilling BHA to make rat hole and log it.

I imagine the WZR geo would love to core each reservoir interval but there could be limiting factors, I dont know.

Muley- what makes you think they could test 500 feet in a week? Just curious what numbers you are using for perforation intervals, shut in times, choke sizes, etc.?  Is there anything behind that estimate or are you just throwing out random numbers?  No offence intended, but you keep chattering on like you know something and for the life of me I cant see why.
Bullboard Posts