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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

Comment by utkanton Apr 22, 2011 8:15am
318 Views
Post# 18474102

RE: only one person on this board

RE: only one person on this boardThe positive thing is that since the flow stabilized and the section repressured it will be possible to produce the gas on this field. The fact that the flow declined so much is the negative part. If this happens on the rest of the levels we get a total of maybe 3 mmcfpd stable production. If this is the result I expect that they will produce from the field using horisontal wells and that this is the reason to why they choose not to acidize at the moment. Also I believe that they have until May 15th to commence drilling on the Povorotnoye field. If they decide to acidize at the moment on the Karl field they will save alot of time because then it will be just a matter og perforating and testing the levels at the moment. I am however unsure about how long time they need on each of these operations. I do believe that they now have sufficient data to make a better reserve report of the Karl field and that they will declare it a commercial field with horisontal wells. The fact that this is said to be a HPHT field makes it very interesting because it means that it can produce with very low decline. The downside now is the total flow parameter, the upside is the total flow parameter. It can be good and it can be bad...
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