MUR: Muskwa & SAB

 MUR Q1 CC:

Our fifth North American resource play is located in Northern Alberta, the Muskwa oil play. So far, we have an accumulated 170,000 net acres in our first well flowed light oil with initial production rate in the 50 to 100 barrel a day range. This is somewhat encouraging, and we are looking to put that well on pump for further evaluation. It is still early days for us, and we are planning to drill another well later this year to continue testing the play and our completion techniques. 

ja

 In Southern Alberta, we continue to see positive results from our first well completed in the Three Forks zone, with production rates now over 400 barrels of oil per day of light oil, a well that has been producing over 120 days. We have fixed the wax buildup in that well and have been rewarded with these higher rates, a promising sign for this area. We have just completed our second well on the same zone and are monitoring initial production results. With this encouragement, I expect to step up activity here this year.

Kukaan ei vaikuta saaneen erityisen positiivisia tuloksia Muskwa-kaivoista.   

"Canol shale in NWT’s Central Mackenzie Valley game changer"

Free Republic:

In a straight line, they’re 4,200 miles apart. And they’re years apart in commercializing their resources. But, even if they’re not in the same geographical and time zone, the Canol shale in the Central Mackenzie Valley of the Northwest Territories and the heart of the Bakken in North Dakota have a common bloodline. The Bakken is already living proof of the success new technology has in spawning a new generation hydrocarbon basin. The Canol shale shares that ambition to become a game changer, turning Canada’s North into a major unconventional oil and natural gas producer...

Toi on niin pöhessä, että niin kiven pitää olla preemium versio Eagle Fordista jotta homma kannattaa.

PMG plössähti(-18%) jälleen

Tuoreimman päivityksen myötä
 Petrominerales Provides Exploration and Operations Update Highlighted by Bromelia-1 Well Encountering Over 200 Feet of Net Reservoir

 At Bromelia on Block 25, we have reached our third intermediate casing point of 18,015 feet measured depth after penetrating the Carbonera, Mirador, Guadalupe and Barco formations. The well penetrated an initial 204 feet of net potential reservoir. The log data is considered to be poor as the density tool only functioned intermittently during the logging operation. Net potential pay is initially estimated to be 40 feet and the well was successfully cased to 18,015 feet. Hydrocarbon shows either described from geological description or seen in mud gas were encountered in the Carbonera C8, Mirador, Guadalupe and Barco formations. Following drilling of the final section of the well, expected to be up to an additional 800 feet and reached in mid-May, we will acquire logs and initiate a comprehensive testing program. We believe that the thickness of reservoir quality intervals encountered at these drilling depths is very encouraging for the prospectivity of the Block. We also have initiated a 187 square kilometre 3D seismic acquisition program on the northern portion of the Block. The 3D seismic, combined with our well results, will help to significantly improve our geological and geophysical understanding of the area.

  Tiedotteen otsikko on hyvin outo. Net reservoir ei tarkoitaa samaa kuin net pay eikä PMG ole aiemmin juurikaan käyttänyt tuota termiä. "Very encouraging for the prospectivity of the Block", tämän voisi tulkita tarkoittavan sitä että tämä nimenomainen prospekti on tyhjä, mutta blokissa on vielä potentiaalia.

Block 126, Peru
The testing of the La Colpa 2X well has been completed and no hydrocarbons were encountered. Log analysis and sample evaluation had suggested potential for hydrocarbons in several zones; namely in the Tarma sandstone and in several porous intervals in the Copacabana carbonates. The Tarma was completed first; little fluid was produced and no oil recovered. Pressure information indicated the permeabilities were too low for the interval to be considered economic. The Tarma was suspended and completions were initiated on several porous intervals in the Copacabana. Despite encountering oil and gas shows in the samples while drilling, it appears the entire Copacabana section has been flushed with fresh water. Unusually low salinities in the formation waters complicated log analysis as fresh water generates a similar high resistivity log signature to that of hydrocarbons. Although excellent reservoirs were encountered, with flow rates of up to almost 4,000 barrels of fluid per day, only water was produced. 

Tämä reikä on siis tyhjä. No olihan siellä vettä. Sademetsän alta löytyy makeaa vettä. Ken olisi tiennyt.

Vähintään toinen yhtiön suurimmista prospekteista on arvoton ja ja toinenkin näyttää aika heikolta. Bromelia on/oli PMG:n kannalta selvästi merkityksellisempi, sillä Perun löydön kaupallistaminen olisi vienyt aikaa.

Muutamia pieniä osumiakin on tehty, mutta ei mitään merkityksellistä tämän kokoiselle yhtiölle. Tein vieläkin pienen KHATtauksen. Koko possa miinuksella ~35%. Brent myy kuitenkin yli 110 dollarilla per pytty ja PMG imaisee tänä vuonna $600-700 miljoonaa  kassavirtaa reilun 30,000 tynnyrin tuotannolla.

Muskwa ei ylitä odotuksia

Husky Energy Continues to Execute in First Quarter 2012

At the Rainbow Muskwa project in northwest Alberta, a horizontal well targeting the Muskwa shale was completed with test results as expected. The well is undergoing pressure build-up prior to being placed onto production. Drilling operations commenced on a two-well pad, which will carry through spring break-up.

VLE ↑ & ↓

Valeuralta tuli tilanne päivitys puolisen toista viikkoa sitten:

VALEURA PROVIDES QUARTERLY OPERATIONAL UPDATE

 Kaasun myyntihinnat ovat nousseet ensimmäisellä neljänneksellä 5.5%(keskim.myyntihinta $7.74 per Mcf), mutta yhtiön keskimääräinen tuotanto laski 15% verrattuna viime vuoden viimeiseen neljännekseen. Laskutahti on kova, kun ottaa huomioon että käytännssä koko tuotanto on tavanomaista.

The fracs completed to date have confirmed commercial gas production from at least one sand interval in the Mezardere formation (Mezardere shale and Teslimkoy sand units) within structural closure on several structures on the TBNG-PTI lands.

Tuo sitaatti käytännössä tarkoittanee sitä että mitään varsinaista resource playta ei ole vielä löydetty ja että tuon yhden kaupallisen kaivon tuotanto tulee tavanomaisesta "rakenteellisesta ansasta".

Valeuran omistan vähän, mutta en näiden tietojen perusteella tee mitään. Merkittävä tuotanto epätavanomaisista muodostelmista on vähintään vuoden päässä. Tavanomaisien ansojen suhteen voi lykästää, mutta CoS lienee noissa 5-10%.

CKE

Chinookia ostin. Osin sisäpiirin ostojen rohkaisemana.

Ilmaista(ei-sijoitusasiaa)

MW3 Multiplayer on viikonlopun ilmaiskäytössä Steamissä, eli perjantaista sunnuntaihin saisi kokeilla verkkopeliä ilmaiseksi.

BOR osuu kaasuun?

Borders & Southern to Announce Falklands Gas Find, Times Reports Löydön kaupallistaminen saattaa olla haastavaa.