Fidelity SPDR Advertisement
Home > Boards > US OTC > Delisted > UnionTown Energy Inc.(fka UTOG)

The well will not flow on its own,or

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
dirtdog Member Profile
 
Followed By 4
Posts 857
Boards Moderated 0
Alias Born 11/30/06
160x600 placeholder
U.s. Stocks Jump On Fed Reassurance
Stocks extended their gains into afternoon trading, boosted for a second session by reassurances from the Federal Reserve that it is in no rush to raise interest rates. The Dow industrials were up 270 points.
More Top Equities Stories Of The Day
Falling Oil Prices Don't Give Clean-Energy Stocks the All-Clear
Repsol to Buy Talisman Energy for $8.3 Billion --Update
U.K. to Sell Part of Lloyds Stake--2nd Update
BofA Whistleblower to Get Nearly $58 Million--Filing
Sprint to Face Record Fine Over Unauthorized Customer Charges
U.S. Hot Stocks: Hot Stocks to Watch
Hong Kong Pulls Into Second in IPOs
ADR Shares End Lower; BT Group Shares Trade Actively
dirtdog   Thursday, 04/19/12 07:39:08 PM
Re: zan1946 post# 2674
Post # of 2997 
The well will not flow on its own,or at very low rates,another well is drilled nearby were a fluid or gas is forced into the geological formation helping release the desired gas,oil.Water,co2 ect are injectables that can increase flow,it increases the cost and complexity of the field.Separation of oil and water at this field is a big problem.Flow must increase enough to justify the increased costs.Steam is used in some heavy crude fields,the heavy crude sells at a discount cause it is more costly to refine,and some refineries won't except it.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist