OTCPK:WSRLF - Post by User
Comment by
Baxter4on Jun 06, 2011 5:31pm
530 Views
Post# 18677714
RE: RE: RE: RE: Disclosure; Enough already
RE: RE: RE: RE: Disclosure; Enough alreadySorry, when I read a news release, I look for the best. If it isn't there, it isn't there.
You have to be kidding. When you read a news release, you look for some tidbit of information that you can use to plant a bit of doubt in an investors mind, even if it isn't what was actually written. You have yet to post something you thought was "the best" as that is not what you are paid to do.
When a well flows, it does start to lose pressure but if the reservoir is extensive enough, the pressure drop will not even be noticeable until months and years later. The Ghawar field in Saudi Arabia did not even need pressure support through water injection until it had been producing for over 20 years. Even today, new infill wells in the field quite often produce 10,000bbl/d of oil for years until water breakthrough occurs.
The past WZR NR indicates the reservoir is capable of producing with high wellhead pressure. Add that information to the seismic information and you have a more extensive picture of what is below, but you failed to mention that. try it and you will find the there is an extremely high chance it is commercial. Just think of why they chose that drilling location in the first place.