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IDCN making a huge run like FPPL. Abilene Update:
Ablilene Well #2:
Sunray completed logging the well at approx 2:00 a.m. Saturday, 6 May.
The samples showed tremendous oil cut with Fluorescence. The logs show that they have hit the Flippin Sand Zone at 2416 ft through 2420 ft with 20% Porosity. Both samples and logs show that they have the Upper Hope Lime Zone at 2670 ft to 2675 ft. When they drilled though this zone they had a good oil show with flourescense. Because of the heavy rains in the Abilene area last nightthey have delayed running pipe and cementing until Monday.
Well # 1 made over 250 bbls within the first 48 hours. They've choked it back to 50 BOPD (because the depth of the formation is only 8ft (2.4m) they think it best not to allow the well to flow over 50 BOPD until some of the gas pressure is released). If they opened the valve and let it flow wide open at this time they would stand a chance of channeling the formation. This allows water to possibly force the oil back as well as hurt the formation.
Abilene Hole #1
Gushing After Perferation of Zone
Quicktime for Mac Users
Abilene Project
INTRODUCTION
Sunray Oil Company, Inc. has acquired various leases in the East Merkel Area of northern Taylor County, Texas approximately 10 miles northwest of Abilene. The leases are located within a 55 square mile 3D seismic shoot that has identified at least 12 drill sites on the acreage. Once the 3D seismic has been evaluated for deeper horizons, it is anticipated that an additional 100 drill sites may be evaluated on acreage within the shoot area.
RESERVES
Total Reserves are estimated to be 4,931,800 net barrels having a combined future net revenue of an estimated $150,631,000 during the remaining productive life range of approximately 17 to 25 years.
Wells on the adjoining leases had initial production of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD. Most of these wells flowed for over 5 years and 20 years later were still producing in excess of 25 BOPD. Production came from multiple pay zones that are the same zones expected from the East Merkel structures.
IDCN IS GOING TO RUN LIKE FPPL DID. IMO
IDCN huge volume coming in. .0016X.0017. eom
IDCN another uptick. .0015X.0016. eom
IDCN ANOTHER UPTICK. EOM
IDCN UPTICKING. EOM
IDCN BREAKOUT COMING. EOM
IDCN. Nothing but buys this morning. Energy
Abilene Update:
Ablilene Well #2:
Sunray completed logging the well at approx 2:00 a.m. Saturday, 6 May.
The samples showed tremendous oil cut with Fluorescence. The logs show that they have hit the Flippin Sand Zone at 2416 ft through 2420 ft with 20% Porosity. Both samples and logs show that they have the Upper Hope Lime Zone at 2670 ft to 2675 ft. When they drilled though this zone they had a good oil show with flourescense. Because of the heavy rains in the Abilene area last nightthey have delayed running pipe and cementing until Monday.
Well # 1 made over 250 bbls within the first 48 hours. They've choked it back to 50 BOPD (because the depth of the formation is only 8ft (2.4m) they think it best not to allow the well to flow over 50 BOPD until some of the gas pressure is released). If they opened the valve and let it flow wide open at this time they would stand a chance of channeling the formation. This allows water to possibly force the oil back as well as hurt the formation.
Abilene Hole #1
Gushing After Perferation of Zone
Quicktime for Mac Users
Abilene Project
INTRODUCTION
Sunray Oil Company, Inc. has acquired various leases in the East Merkel Area of northern Taylor County, Texas approximately 10 miles northwest of Abilene. The leases are located within a 55 square mile 3D seismic shoot that has identified at least 12 drill sites on the acreage. Once the 3D seismic has been evaluated for deeper horizons, it is anticipated that an additional 100 drill sites may be evaluated on acreage within the shoot area.
RESERVES
Total Reserves are estimated to be 4,931,800 net barrels having a combined future net revenue of an estimated $150,631,000 during the remaining productive life range of approximately 17 to 25 years.
Wells on the adjoining leases had initial production of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD. Most of these wells flowed for over 5 years and 20 years later were still producing in excess of 25 BOPD. Production came from multiple pay zones that are the same zones expected from the East Merkel structures.
IDCN ALL BUYS TODAY. Abilene Update:
Ablilene Well #2:
Sunray completed logging the well at approx 2:00 a.m. Saturday, 6 May.
The samples showed tremendous oil cut with Fluorescence. The logs show that they have hit the Flippin Sand Zone at 2416 ft through 2420 ft with 20% Porosity. Both samples and logs show that they have the Upper Hope Lime Zone at 2670 ft to 2675 ft. When they drilled though this zone they had a good oil show with flourescense. Because of the heavy rains in the Abilene area last nightthey have delayed running pipe and cementing until Monday.
Well # 1 made over 250 bbls within the first 48 hours. They've choked it back to 50 BOPD (because the depth of the formation is only 8ft (2.4m) they think it best not to allow the well to flow over 50 BOPD until some of the gas pressure is released). If they opened the valve and let it flow wide open at this time they would stand a chance of channeling the formation. This allows water to possibly force the oil back as well as hurt the formation.
Abilene Hole #1
Gushing After Perferation of Zone
Quicktime for Mac Users
Abilene Project
INTRODUCTION
Sunray Oil Company, Inc. has acquired various leases in the East Merkel Area of northern Taylor County, Texas approximately 10 miles northwest of Abilene. The leases are located within a 55 square mile 3D seismic shoot that has identified at least 12 drill sites on the acreage. Once the 3D seismic has been evaluated for deeper horizons, it is anticipated that an additional 100 drill sites may be evaluated on acreage within the shoot area.
RESERVES
Total Reserves are estimated to be 4,931,800 net barrels having a combined future net revenue of an estimated $150,631,000 during the remaining productive life range of approximately 17 to 25 years.
Wells on the adjoining leases had initial production of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD. Most of these wells flowed for over 5 years and 20 years later were still producing in excess of 25 BOPD. Production came from multiple pay zones that are the same zones expected from the East Merkel structures.
IDCN OILPLAY FOR THIS WEEK. Ablilene update
Ablilene Well #2:
Sunray completed logging the well at approx 2:00 a.m. Saturday, 6 May.
The samples showed tremendous oil cut with Fluorescence. The logs show that they have hit the Flippin Sand Zone at 2416 ft through 2420 ft with 20% Porosity. Both samples and logs show that they have the Upper Hope Lime Zone at 2670 ft to 2675 ft. When they drilled though this zone they had a good oil show with flourescense. Because of the heavy rains in the Abilene area last nightthey have delayed running pipe and cementing until Monday.
Well # 1 made over 250 bbls within the first 48 hours. They've choked it back to 50 BOPD (because the depth of the formation is only 8ft (2.4m) they think it best not to allow the well to flow over 50 BOPD until some of the gas pressure is released). If they opened the valve and let it flow wide open at this time they would stand a chance of channeling the formation. This allows water to possibly force the oil back as well as hurt the formation.
Abilene Hole #1
Gushing After Perferation of Zone
Quicktime for Mac Users
Abilene Project
INTRODUCTION
Sunray Oil Company, Inc. has acquired various leases in the East Merkel Area of northern Taylor County, Texas approximately 10 miles northwest of Abilene. The leases are located within a 55 square mile 3D seismic shoot that has identified at least 12 drill sites on the acreage. Once the 3D seismic has been evaluated for deeper horizons, it is anticipated that an additional 100 drill sites may be evaluated on acreage within the shoot area.
RESERVES
Total Reserves are estimated to be 4,931,800 net barrels having a combined future net revenue of an estimated $150,631,000 during the remaining productive life range of approximately 17 to 25 years.
Wells on the adjoining leases had initial production of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD. Most of these wells flowed for over 5 years and 20 years later were still producing in excess of 25 BOPD. Production came from multiple pay zones that are the same zones expected from the East Merkel structures.
IDCN HUGE OILPLAY. Energy
Abilene Update:
Ablilene Well #2:
Sunray completed logging the well at approx 2:00 a.m. Saturday, 6 May.
The samples showed tremendous oil cut with Fluorescence. The logs show that they have hit the Flippin Sand Zone at 2416 ft through 2420 ft with 20% Porosity. Both samples and logs show that they have the Upper Hope Lime Zone at 2670 ft to 2675 ft. When they drilled though this zone they had a good oil show with flourescense. Because of the heavy rains in the Abilene area last nightthey have delayed running pipe and cementing until Monday.
Well # 1 made over 250 bbls within the first 48 hours. They've choked it back to 50 BOPD (because the depth of the formation is only 8ft (2.4m) they think it best not to allow the well to flow over 50 BOPD until some of the gas pressure is released). If they opened the valve and let it flow wide open at this time they would stand a chance of channeling the formation. This allows water to possibly force the oil back as well as hurt the formation.
Abilene Hole #1
Gushing After Perferation of Zone
Quicktime for Mac Users
Abilene Project
INTRODUCTION
Sunray Oil Company, Inc. has acquired various leases in the East Merkel Area of northern Taylor County, Texas approximately 10 miles northwest of Abilene. The leases are located within a 55 square mile 3D seismic shoot that has identified at least 12 drill sites on the acreage. Once the 3D seismic has been evaluated for deeper horizons, it is anticipated that an additional 100 drill sites may be evaluated on acreage within the shoot area.
RESERVES
Total Reserves are estimated to be 4,931,800 net barrels having a combined future net revenue of an estimated $150,631,000 during the remaining productive life range of approximately 17 to 25 years.
Wells on the adjoining leases had initial production of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD. Most of these wells flowed for over 5 years and 20 years later were still producing in excess of 25 BOPD. Production came from multiple pay zones that are the same zones expected from the East Merkel structures.
IDCN update. Energy
Abilene Update:
Ablilene Well #2:
Sunray completed logging the well at approx 2:00 a.m. Saturday, 6 May.
The samples showed tremendous oil cut with Fluorescence. The logs show that they have hit the Flippin Sand Zone at 2416 ft through 2420 ft with 20% Porosity. Both samples and logs show that they have the Upper Hope Lime Zone at 2670 ft to 2675 ft. When they drilled though this zone they had a good oil show with flourescense. Because of the heavy rains in the Abilene area last nightthey have delayed running pipe and cementing until Monday.
Well # 1 made over 250 bbls within the first 48 hours. They've choked it back to 50 BOPD (because the depth of the formation is only 8ft (2.4m) they think it best not to allow the well to flow over 50 BOPD until some of the gas pressure is released). If they opened the valve and let it flow wide open at this time they would stand a chance of channeling the formation. This allows water to possibly force the oil back as well as hurt the formation.
Abilene Hole #1
Gushing After Perferation of Zone
Quicktime for Mac Users
Abilene Project
INTRODUCTION
Sunray Oil Company, Inc. has acquired various leases in the East Merkel Area of northern Taylor County, Texas approximately 10 miles northwest of Abilene. The leases are located within a 55 square mile 3D seismic shoot that has identified at least 12 drill sites on the acreage. Once the 3D seismic has been evaluated for deeper horizons, it is anticipated that an additional 100 drill sites may be evaluated on acreage within the shoot area.
RESERVES
Total Reserves are estimated to be 4,931,800 net barrels having a combined future net revenue of an estimated $150,631,000 during the remaining productive life range of approximately 17 to 25 years.
Wells on the adjoining leases had initial production of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD. Most of these wells flowed for over 5 years and 20 years later were still producing in excess of 25 BOPD. Production came from multiple pay zones that are the same zones expected from the East Merkel structures.
IDCN update. Energy
Abilene Update:
Ablilene Well #2:
Sunray completed logging the well at approx 2:00 a.m. Saturday, 6 May.
The samples showed tremendous oil cut with Fluorescence. The logs show that they have hit the Flippin Sand Zone at 2416 ft through 2420 ft with 20% Porosity. Both samples and logs show that they have the Upper Hope Lime Zone at 2670 ft to 2675 ft. When they drilled though this zone they had a good oil show with flourescense. Because of the heavy rains in the Abilene area last nightthey have delayed running pipe and cementing until Monday.
Well # 1 made over 250 bbls within the first 48 hours. They've choked it back to 50 BOPD (because the depth of the formation is only 8ft (2.4m) they think it best not to allow the well to flow over 50 BOPD until some of the gas pressure is released). If they opened the valve and let it flow wide open at this time they would stand a chance of channeling the formation. This allows water to possibly force the oil back as well as hurt the formation.
Abilene Hole #1
Gushing After Perferation of Zone
Quicktime for Mac Users
Abilene Project
INTRODUCTION
Sunray Oil Company, Inc. has acquired various leases in the East Merkel Area of northern Taylor County, Texas approximately 10 miles northwest of Abilene. The leases are located within a 55 square mile 3D seismic shoot that has identified at least 12 drill sites on the acreage. Once the 3D seismic has been evaluated for deeper horizons, it is anticipated that an additional 100 drill sites may be evaluated on acreage within the shoot area.
RESERVES
Total Reserves are estimated to be 4,931,800 net barrels having a combined future net revenue of an estimated $150,631,000 during the remaining productive life range of approximately 17 to 25 years.
Wells on the adjoining leases had initial production of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD. Most of these wells flowed for over 5 years and 20 years later were still producing in excess of 25 BOPD. Production came from multiple pay zones that are the same zones expected from the East Merkel structures.
IDCN closed up 30%. EOM
IDCN moving. Up 30%. EOM
IDCN up 30%. Keep going baby. EOM
IDCN Moving. up 30% so far. EOM
IDCN up 20% so far. EOM
IDCN upticking. EOM
IDCN OCT 2005 news. BANKOK, THAILAND October 14, Indocan Resources Inc (OTC: IDCN) today announces that following the successful issuance of 26.4 Billion Baht (645 million USD) of oil fund bonds of the Energy Fund Administration Institute (EFAI) it has retained local law firm K-Law (www.knightsbridgelaw.com) to represent and register a One Billion Baht ($25m USD) Bond issue. The Law Firm is currently in talks with an underwriter and is preparing the appropriate registration documents.
Indocan president, Jeffrey R Bruhjell said “we have allocated $5 million for our Texas/Oklahoma commitments and $10 million for wells to be drill in the gas fields of Alberta along with $5 million for oil wells in western Canada. We will earmark the remaining $5 million for exploration work in Cambodia.”
This is old news from OCT 2005. BANKOK, THAILAND October 14, Indocan Resources Inc (OTC: IDCN) today announces that following the successful issuance of 26.4 Billion Baht (645 million USD) of oil fund bonds of the Energy Fund Administration Institute (EFAI) it has retained local law firm K-Law (www.knightsbridgelaw.com) to represent and register a One Billion Baht ($25m USD) Bond issue. The Law Firm is currently in talks with an underwriter and is preparing the appropriate registration documents.
Indocan president, Jeffrey R Bruhjell said “we have allocated $5 million for our Texas/Oklahoma commitments and $10 million for wells to be drill in the gas fields of Alberta along with $5 million for oil wells in western Canada. We will earmark the remaining $5 million for exploration work in Cambodia.”
IDCN ask thinning. EOM
IDCN going to make a move soon. EOM
IDCN going to make a move like FPPL. IMO
Next news release we are going to explode. IMO
IPRE good volume today. EOM
IDCN next oil stock to run. EOM
IDCN upticking. EOM
IDCN here we go. EOM
IDCN next oilplay. EOM
IDCN undervalued oilstock. Should run like all the rest of them. EOM
IDCN another runner in the oilfield. EOM
IDCN might be the next FPPL. IMO
Few profit takers here. Once they done it will run again. EOM
IDCN print .0017. EOM
Hey Ken. Are we going nuts yet?. LOL
IDCN .002 coming up fast. EOM
IDCN HOD. It may run like FPPL. IMO
IDCN another uptick. Huge volume coming here. EOM
IDCN HOD. EOM