Replies to post #2411 on Deep Well Oil and Gas (fka DWOG)

[mick]

yes i see my friend 'Deep Well Oil & Gas (DWOG)'

[wshaw14]

Not true. They can restart what was the test program and be back in production very quickly. They would then build the expansion. I am not saying this is their plan or that they even restart at $60.00. but it could happen. So to say they have a lot of work to do to re-start is questionable. Keep in mind their test program greatly surpassed on both production and steam per barrel. Only one company producing in the Alberta oil sands has comparable numbers. Production for them is not if but when IMHO.

[wshaw14]

This is from Feb 2016 :"Production in 2016 at the Sawn Lake Demonstration Project has reached a steady state
production level over the past six weeks of 600 barrels per day (“BOPD”) (150 BOPD net to
DWOG) with an instantaneous steam-oil ratio (“ISOR”) of 2.2 from the one SAGD well pair.
Production, on a 100% basis, averaged 596 BOPD with an ISOR of 2.2 in January and has
averaged 620 BOPD with an ISOR of 2.1 during the first 21 days of February."