TSXV:CLAS.H - Post by User
Post by
willibrichon Nov 30, 2010 3:23pm
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Post# 17778559
Yes I am going by the press release
Yes I am going by the press releaseanything 2 .................................which states
'' Open well logs indicate that this reservoir ( Upper Mirador ) is the most prospective in the well, which will be confirmed by completion and testing over the next several weeks ''
Keep in mind that these '' open well logs '' are measurements of pressures at different well depths in the Mirador. And by telling us that the remaining 45 untested feet or so of the Mirador '' is the most prospective in the well '' they are simply saying that they allready know that the high pressures required for high flow rates .......................are present.
So we are left with 2 known facts 1) There is oil in the remaining 45 feet of the Mirador
2) High pressures have been observed which are needed for high flow rates
Now it is a function of reservoir porosity and reservoir size that will determine open flow rates. The higher the porosity and the larger the reservoir............................the greater the flow rates observed