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WISR Ltd V.WZR


Primary Symbol: WSRLF

Financial Services Credit Services
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

WISR Ltd
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Comment by Drillexon Aug 26, 2012 2:28pm
438 Views
Post# 20262131

RE: RE: RE: What price?

RE: RE: RE: What price?

Bosse,

S1 is ready to go back on production. Pressure recorders have been retrieved from the well. S1 still needs some acid stimulation work which should increase the maximum flow rate recorded on the original flow test. The important thing was to get production revenue flowing. They can bring this well on at 8000bbls/day but I'm not sure if they have found an avenue for the associated gas production. S1 produces close to 1 million scf gas per 1000bbls oil. The stimulation work over will probably be performed by the small rig that will be contracted for the shallow UB drilling. ( timeline on that not known)  I believe  3 wells are planned for the initial test drilling of the UB.

TLM stated they are planning steady a term production plan for K2 by year end. Why even mention this unless they felt they really had a good well. The KRG are probably waiting just like us for K2 test results.

Hopefully the new production contract for S1 will be out soon. (may be out already)

In answer to you question bosse I would pick 8000bbl/day for start up

Regards

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