DELORO RESOURCES LTD V.DLL

Value of DLL stock

[tpaymans]

Well, I think every "1000 barrels a day" wil raise the shareprice 1 dollard higher.

In the evaluationreports that you can find at the website of Deloro you can read that with the steamtmethode the horizontal well could produce up to 1200 barrels a day!
Epi claims to have a 10 times higher outcome! The well will than produce an amazing 12.000 barrels a day. In that case we coud see the shareprice rocketing to 12 dollards.

This is my opinion and based on information I read in engeneringreports. Also it is a best possible outcome. So don't be to optimistic.

[killerrf]

if they can get a stabilized rate of 150 to 350 barrels a day i would call this a pure success... still a nice little junk of money every day.  they are going to need many many more wells to get a stabilized rate of 1000 barrels a day.there was steam flood in the early '80's on this field.  but from what i understand they didn't produce it long.  better tech today not to

[tpaymans]

That is wat I iam saying; the nummers are the best possible result. But in reality the nummers will be much lower. There might be also the risk that after a few month the production fall back due to unforseen facts.Stil I can imagine that a horizontal well has more capacity than a vertical well. I have also an intrest in Nordic Oil and gas and they have vertical wells that produce an everage off

[killerrf]

it doesn't matter if its a vertical or a horizontal in my opinion... you can only pump what the reservoir is giving up.  a vertical well can pump huge volumes as long as there is that inflow.  in a reservoir with real shi*ty inflow like deloro's... take trigas ventures well in the upper north west of that formation.  cant get that vertical to pump for the life of them..

[tpaymans]

Thanks, Now i have learned something from you about horizontal and vertical wells.I have been reading the Chapman Petroleum enineering evaluation made in 2007. It stated, and know i aim quoting because I can't copy the  tekst: "IF Deloro bores more wells, say 12, they can produce due to steam-injection together 6175 barrels a day after the second year. That means 500 barrels each

[tpaymans]

Inthe evaluationreports that you can find at the website of Deloro youcan read that with the steamtmethode the horizontal well could produceup to 1200 barrels a day! Epi claims to have a 10 times higheroutcome! The well will than produce an amazing 12.000 barrels a day. Inthat case we coud see the shareprice rocketing to 12 dollards.Sorry, I made a mistake, not 1200 barrels but 500 barrels was

[tpaymans]

Sorry again!I thought I made a mistake but not all the way.That is to say the rates in a diagram have been calculated 500 barrels a day per well but a few pages before in this engineering evaluation report there has been spoken about 1000 barrels a day!!This sentense I found in the report: " Initial well rates of about 1000 STB/d have been estimated for the best estimated case. These rates

[killerrf]

like i had posted earlier i wouldnt be surprised if they hit rates of 500 - 600 barrels a day.  but that if they can have a steady rate of around 150 - 200 barrels a day i think that would excellent.  a tri axle trailer with  current road weights a 25 m3/d load of oil is all they can haul.  a super-b might be around that 40-45 m3/d.   trust me roads with