Replies to post #8462 on Black Dragon Resource Companies Inc (BDGR)

[mike7777]

these bashers just don't stop.
Their day is coming

[LGL8054]

CHART

Do you always need to chastise everyone that you don't agree with?

Do you get up ever morning with the intent of haranguing people just to get your jolly's off? You need to grow up and make an attempt to be a tolerable human being.

There are people on this board, such as myself, that are serious about this company and wish to see this company succeed.

You have every right to disagree with what is written, but learn a little word known as professional etiquette it will take you a long way in life. That is once you get one.

This new poster lives in close proximity to the Lanza's and I would encourage his ability to be our ears and eyes. Give this man some encouragement, especially as it was his first post on this board. Furthermore, who do you think you are?

You know, I posted at one time that it was my belief you were connected to the Lanza clan. Your berating has convinced me even more of that.

Now cool down, take a deep breath and don't forget your meds next time.

[caddopineisland]

Pay no attention to my post. I have only been drilling, completing and producing wells in North Louisiana for the past 30 years and I am currently drilling 15,000' MD horizontal wells, so I believe I am not living in the 1980's. TECHNOLOGY - Great! Horizontal and multi-lateral wells in the Annona chalk will not work. Why? Bottomhole pressure has been reduced to a point that even with the increased drainage area due to a lateral the formation at best will only gravity drain into the lateral.Also, this lateral will require stimulation via hydraulic fracturing and then a problem arises with the recovery of your treatment fluid. With very little bottomhole pressure how are you going to recover your frac fluid? You could jet the wells with either N2 or CO2 via CTU ( coiled tubing unit) but even with $70/Bbl. gross oil prices this would not prove economic on the amount of oil recovered. Enhanced Recovery/Secondary Recovery will not work in the Annona Chalk. Why? Permeability values on the average of 2 md ( that's millidarcy, after Darcy's Law in relation to fluid dynamics, i.e. fluid flow through a porous medium). The Nacatoch wells/reservoirs are water drive reservoirs with a very strong water drive. Oil/Water ratios in these wells are 5/95 at best. A lateral in the Nacatoch would be interesting but how are you going to address fluid loading in the lateral? One concept that has been around since the early 1980's is the mining of the Annona Chalk and a company is currently conducting tests via core tests in Oil City not far from your corporate headquarters. I only wish you luck with your company but keep the words caveat emptor in mind. Thank you for your wishes of a nice day and a very good day to yourself as well.

[steve davis]

I was under the impression that the majors left the area because they all went off-shore where they could make a helluva lot more money. It isn't that some of those wells can't pump 3 barrels a day: it's that Exxon's chairman probably can't even tip the parking valet for what one of those small-time wells produces. Now the REST of us, who aren't in a stock with an 80/dollar share price and a quarterly dividend, shouldn't have any problems on that score.