Post by
Surething1 on Jun 08, 2024 10:06am
RAMBLINGS AND OBSERVATIONS
A) Final pressure (Pf) - Initial pressure(Pi) Taken in conjunction with combined gas released of all flow tests (after sufficient recovery time allowed) detetermines reservoir size.
B) What is the initial reservoir pressure before flow tests versus pressure drop during tests? Perhaps initial pressure is low to begin with........If this is the case, then increasing permeability or deeper drilling will be of no avail., nor will placement of additional wells in immediate area.
Perhaps the accidental release 12 years or so ago depleted this particular pocket of gas......After all how many hundreds of thousands of MCF were released, perhaps millions, before sealing off? Recovery times on these type systems take thousands of years.
Perhaps Company should release basic wireline data to public as it becomes available and quit the shameless promotion. Otherwise shareholders are put at a severe disadvantage. By trading patterns over the past 2 months up to and including flow test release, tells me that this information was already out there.
Several posters here commented on the gas release video presented. For the record, I didnt hear a roar, but merely a hissing sound. Honestly Ive heard better bovine flatulence, but wrote it off as bad audio.
I do believe that this will indeed turn into an area play. I believe that northern Minnesota may be a vast high grade helium source, but this is turning into a long term slog.
Be patient longs
Best
S
Comment by
Surething1 on Jun 08, 2024 5:02pm
Bertie, As none of us are privy to the basic wireline data, we can only speculate at this point. I trust that company will analyse and go from there. With detailed seismic, we can go that option should we need to. Let us hope that company can secure a few surrounding leases. One thing fo sure with +/- 5 million(US) , we wont get too many stabs at this apple best S
Comment by
Verne9 on Jun 08, 2024 7:45pm
I was at the release. The sound volume was 78 dB before opening and 110 dB after opening. this was measured with my iPhone 15. So yes there was a roar.
Comment by
Surething1 on Jun 09, 2024 8:18am
Thanks Verne, I'll go with poor sound quality on my end. The Bovine flatulence comment was a bit harsh. I'm still very bullish with Pulsar. Best S