RE:RE:Slide 3 AXE on 2019 Propel Energy Tech Forum
I don't have a clue about any of this stuff it always goes over my head BUT as with what you and others raise this is the reason that there is a fairly extensive heating phase cycle where the company will be looking at how to boost the power how much is required and at what intervals under what circumstances and time possible combining with other power as someone talked about solar etc peak non peak times etc. A second heating phase will most likely be done to establish that the process is consistent and valid and getting pretty well the same results where data can be extrapolated to other similar as well as differing wells and composition. If I understood Geoff correctly the company not only has a mapping software but an AI one as well that runs all the calculations and accounts for all the pertinent things needed to successfully extract oil from the wells. This is all exciting and fascinating stuff especially when after all of this the oil producers and whole sector can benefit by a cleaner more cost affective process which is beneficial not only to all of us stakeholders but also everyone globally as it will theoretically heavily reduce carbon and provide a healthier planet. This tech and those working on cleaner more sustainable ways are very important to succeed to avoid catastrophic effects of climate change so this is great to see and be part of. Here is looking to this company's as well as the whole sectors success for a cleaner more sustainable future. Good luck all.