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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
Post by harry_reeleon Jun 23, 2010 9:01am
664 Views
Post# 17213625

Well Kill Operations

Well Kill Operations

The intention of a well kill (or the reality of an unintentional well kill) is to stop reservoir fluids flowing to surface. This of course creates problems when it is desirable to get the well flowing again. In order to reverse the well kill, the kill fluid must be displaced from the well bore. This involves injecting a gas at high pressure, usually nitrogen since it is inert and cheap. A gas can be put under sufficient pressure to allow it to push heavy kill fluid, but will then expand and become light once pressure is removed. This means that having displaced the kill fluid, it will not itself kill the well. The reservoir fluids should be able to flow to surface, displacing the gas.

The cheapest way to do it is similar to bullheading, where the nitrogen is pumped in under high pressure to force the kill fluid into the reservoir. This, of course, runs a high risk of causing well damage. The most effective way is to use coiled tubing, pumping the gas down the coil and circulating out the bottom into the well bore, where it will displace the kill mud to production.

Bullboard Posts