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Message: Re: Timeline
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May 10, 2009 08:33AM
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May 11, 2009 10:42AM
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May 11, 2009 03:05PM

May 11, 2009 03:45PM

>Maybe they cant decide who should release the information :)

No, they just hadn't updated their website yet.

The rates look good considering they are still flowing back. Notice how the full flow test will take upwards of 2 months.



WARRO 3 – UPDATE ON FLOW TESTING

Flow testing of the Warro 3 well commenced Saturday, 2 May and has continued for 9 days, with the full flow testing program expected to take up to 60 days. The well is flowing substantial quantities of both natural gas and frac fluids. As
planned, the Operator has undertaken various activities to assist the cleanup of the well bore, including nitrogen lift and varying the choke.
A gas flow rate of two million one hundred thousand cubic feet per day (2.1mmcfp/d) at a well head pressure of 325 psi was achieved when the choke was opened to 58/64ths, without the assistance of nitrogen. The fluid flow rate at this time was 1,565 barrels per day. Throughout the testing period the gas flow rate and well head pressure have been steadily increasing, and the ratio of fluids to gas steadily decreasing, indicating that the well is cleaning up.

Commentary

The results to date are encouraging and in line with expectations, albeit recovery of the frac fluids is taking time. It is important to note that the potential gas flow rate is expected to be significantly higher once the recovery of frac fluids
ceases, as this inhibits gas flow. Further, the well has demonstrated an ability to flow gas to surface without the assistance of nitrogen lift notwithstanding the presence of the frac fluids.

The Operator‘s pre‐well planning allowed for up to 3 to 4 weeks to clean up the well and this now appears a reasonable estimate. Until the frac fluids stop flowing back and the well cleans up, it is difficult to estimate the likely stabilised initial
gas flow rate of the well.


May 11, 2009 04:53PM
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