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News Focus
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geopressure

09/26/18 11:49 PM

#29040 RE: Shouldbe #29035

Shouldbe; You are incorrect... You may recall being TOLD that ZN had:

"experienced high pressure as they drilled into the cap rock which required them to source a higher pressure BOP"


But just because you were told that does not make it true...

Some of the ZN Longs who think they are Oil & Gas experts incorrectly led a lot of people to believe that high pressures had been encountered, but it was not the case...

Just as I told everyone back then & was proven correct when the facts came to light...
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KyOil

09/27/18 2:30 PM

#29061 RE: Shouldbe #29035

Shouldbe, you've got it right. Drilling on MJ#1 was stopped for 42 days after penetrating a cap rock in the Jurassic and entering fractured carbonate with increasing gas. They did not say where the remaining 5 zones are located, but most of the zones must be in the Jurassic. Might be a few test zones in the Cretaceous as hydros were observed there during drilling and confirmed with logs. I'm most excited about the Jurassic. Might be just gas there as that is the case offshore.

Looks like news just out that enough funds were raised to continue testing. That's good! Likely no results announced this year with 6 to 9 weeks of testing beginning mid Oct factered with high probability of mechanical delays to occur.