Petro Rio S.A. HRTPF

Progress dates from iHub poster

[powerwalker]

Posted on the iHub board yesterday, July 3rd, by Ooleum (with some editing by me):

Redone some hand calcs

Wingat
Wingat was drilled from 1000m to 5000m in 56days (25th March to 20th May) prior to P&A.

So the Marinas average drillrate from spud to end (casing + testing included) is about 72m per day (5000m - 1000m / 56days)

Just to check this...the picture of the oil sample states 4674.8m on the 15th May (day 51 after spud). 1000m (sealevel ) + 72m x 51days = 4672m (so it correlates pretty darn well)

https://helioschariot.com/wp-content/uploads/2013/06/Helios-Chariot-Namibia-Wingat-Video.jpg

Murombe
Spud on 1st June @1391m. Baobab is expected 3670m. At 72m/day the top of the reservoir should be encountered on day 32....the 3rd of July ... today. It could take 3-4days to drill across it. Although 72m/day includes testing, which is unlikely up until now, they are likely to have cased up to Baobab based on pressure encounter during Wingat. 72m/day therefore seems a fair assumption.
Based on this, Murombe (5090m) should be encountered 22nd July, with TD end of July

These are my best estimates. This seems to match the complete lack of volume; that nobody knows anything yet. I hate to say it (incase it is down), but if there is large volume in the next few days, and early next week, it will be fairly indicative of how Baobab went. Murombe is at least 3 weeks away

Ooleum