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walldog0

07/22/08 11:43 AM

#135661 RE: Lickety Split #135653

Strass....

Not an expert by any means, but I'm beginning to believe, the cat gets let out of the bag, when it is to their advantage to do so, and not until. I think politics, partners, drilling rigs, adjacent properties, equipment, supplies,....all play a role!

When all the stars line up correctly, and there is nothing else to be gained by denial....then the truth is revealed.

....if there is anything to reveal!
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bayfisherii

07/22/08 12:09 PM

#135666 RE: Lickety Split #135653

Not necessarily, but high well head pressure generally means you have a lot of lift and will not have to actually pump the oil out of the reservoir, The two factors that matter most are perosity and permeability. The first measures how much oil the stone in the formation can hold and the second measures the abilty of the oil to move within a formation.

Five seprate zones simply means that they have identified five seperate zones that hold oil. In this case the more the better because it indicates a larger deeper formation