The John Bowen #2 Well Deep Gas Test: Montello has been monitoring the deep gas zone which has flowed mud filtrate and drilling fluid into the wellbore with an associated gas blow. In an attempt to facilitate hydrocarbon inflow into the wellbore, Montello has just completed a Nitrogen gas fracturing operation on the deep gas zone. Subsequent to the Nitrogen frac, inert gas was recorded at surface. The well will be shut-in for a period of three to four weeks to allow a pressure build-up prior to re-opening the wellbore. Montello believes that the well bore sustained skin damage at the deep gas interval and will be investigating remedial options.
This is where they went side ways in the drilling of this well to save it , around 7800 ft and then in to the Rome formation. The skin damage may of seal off the gas at this level and this well.
I m not sell the first share here, WHY because there six other zone that show good pressures higher up the pipe. As you all know I got the logs on this well and only the ones that are not inform are selling or not thinking to clearly at this point.
When I talk too Bill C back in the fall they had 9 formation behind pipe to get in to production, this is only one of them 9.
Yes this is a let down and thing need to change with this company as who they go into deals with, I think that waiting a hole year to finniest this well did not help at all.
FISH
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM