OTCPK:WSRLF - Post by User
Post by
NNagainon Oct 07, 2012 8:40pm
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Post# 20460675
New analysis
New analysis TLM is positioning itself for a sale of Kurdistan assets or a total buyout. The cretaceous zone is shallowest in the far north of Kudistan and produces 42000 BOD in Shuranish (SNM) . The cretaceous zone dips down further through Genel Energies lease (7 wells each at 29000 BOD). The cretaceous zone is deepest under Kurdamir, however the thickness of oil indicated is greater (3 zones through 400 meters).
Because WZR should have had a geologist on site during the tests, they would have knowledge of early stage causes of the problems. After these early indications and feeling the sharks circling WZR invited Crest to participate with their $56 million. in early August, well after they should have had some indication as to the quality and extent of the oil.
Based on this I am predicting good news on Tuesday. TLM should have had a chance to phone all of their friends by then.