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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 > May Presentation
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Comment by Drillexon May 11, 2014 10:29am
383 Views
Post# 22548529

RE:RE:May Presentation

RE:RE:May PresentationMr Goodkind,  slides 20-21 show the geological structure of the reservoir. Based on the geology and the information from the wells drilled so far they feel that additional wells are low risk to a depth of 2081mSS and they can safely caculate reserves to this depth. K3 DST 1 had no water shows, but K3 DST 2  at 2284m showed oil and water. My feeling is the water is coming in from below DST 1 migrating up the casing annulus (no cement). Nothing can be proven at this point so they are calculating the the contingent numbers from 2081m which is quite conservative. K2 has just finished a 40 day flow test, I'm guessing that no water cut was seen on the K2 flow test which indicates that conservative contingent resources are assured to 2081mSS.

Slide #25 might be from H1, all the drillpipe is in the derrick and looks like they are circulating out a gas kick. 
Thats my thoughts, anyone out there see it any different please reply.
Regards
Go Longs
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