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Trisura Group Ltd V.TSU


Primary Symbol: T.TSU Alternate Symbol(s):  TRRSF

Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include the operations of Trisura Canada, comprising surety business underwritten in both Canada and the United States, and risk solutions, fronting and corporate insurance products primarily underwritten in Canada and Trisura US, which provides specialty fronting insurance solutions underwritten in the United States. The main products offered by its surety business line are contract surety bonds, commercial surety bonds, developer surety bonds, and new home warranty insurance. Its contract surety bonds, such as performance and labor and material payment bonds, are primarily for the construction industry.


TSX:TSU - Post by User

Bullboard Posts
Post by RetiringYoung25on Mar 28, 2011 7:11pm
332 Views
Post# 18352616

News

NewsThis is not as bad as it appears.

- Acid Stim performed, they flowed the well and had a gas leak on surface. Happens more than you think!

- Have to perform well kill to snub the well to fix the problem using heavy SG fluid in this cause Drill Mud.  The whole idea is to KILL THE WELL! as a result flow rates decreased. This can either flow clean or run back in hole and perform another acid stim. If there was no surface leak there would not be an issue!!!!!!

- Perforating guns are a lil confusing to me, all i can think is they are calling the first zone completed and they moved on to the next one, they RIH (Ran In Hole) and set a bridge plug and perforated the next zone this is all i can get outta the NR. As for the "Faulty" guns, you cant tell if all shots are fired till you get back to surface! You can go off of feeling on the wellhead, pressure spikes or dips, E-line has switches that say if they fired or not. Nothing is certain till tools are on surface and visualy inspected.

- As for people guessing they cemented the zone and reperfed this is highly unlikely! There was no reason to cement the zone and reshoot they had excellent rates. 

This NR would have been an entirely different story if there was not a surface leak! Everyone would be laughing but it is not the case and there is no reason this will not get back on track.  

THE ENTIRETY OFF THIS PROBLEM IS FROM THE SURFACE LEAK WHICH FORCED THEM TO KILL THE WELL!
Bullboard Posts
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