ADI - Adelphi Energy

[Agentm]

you have to wait for the test before you really know anything..

i cant wait for the week to begin.. as for me as a long term holder the 1 year delay on sl and then the one year further delays on testing has been a long haul..

if they tested the secondaries i would never have had any opportunity to do any real research,, once they shut in SL1 i had to find things out,, and the longer they wait the more i dig.. even if the jvp's are getting their noses out of joint about it!! but i will say less about eddie then..

 

[chance fate]

what about eddy pogue,, he will be famous one day my scouts tell me, ever heard of him?


the seem like stars that vary in age..

one star is one that has shone before, (poor old john campbell knows so little) some are about to shine very bright.. one there is been switched off for what seems a long time to me.. some are productive stars,,

there many stars that have stage fright and yet to be tested,, and one there i can see looks that good they had another look a week ago from another angle....

buts its definately not the southern cross

All imho DYOR..

eddy pogue?? no idea... is he off dancing with the stars... or star wars... or star treck or somthin'?? what ever hope he performs as well as Sl and Kennedy (better not be a dead kennedy tho' - both the dead one and 1H will be horizontal!!)....

 

[jackohelp]

with ref to your stars...

dont want to be pedantic but isn't kenedy#1 to the east of sl#1 not north?
................

 

[godzillaismad]

Hello,

I have been watching ADI for a while... I'm just wondering from the historical data, their stock was once worth more than $100? Did they do a stock merge somewhere in the past?

Thanks

 

[Agentm]

its all happening right now..

kunde 3 is laying production casing... started that on friday..

SL1 is active all of a sudden.. i see all sorts of reports going in on it..

get the feeling there is a green light happening on the wells..

monday looks like a very interesting day indeed...

good luck to all holders

all IMHO & DYOR

 

[Evangeline]

Only two sleeps to go till testing on Sugarkane begins!

There has been no news of any delays from the company so it all looks good to go ahead - only hope the bloody DOW doesn't stuff it up for us.

Good luck to all holders

Cheers
Eva

 

[cicak_kupang]

I may be miss understanding things here, but on this forum,we are thinking 1tcf from the upper zone, thats Sugarkane. Then anything in the lowert zones is on top of that majic 1tcf...right??????????
But on page 13 of the September ADI pressentation, they are saying.... "SUGARLOAF AMI
600 BCFE potential
Upside of ~1TCFE if other
Chalk zones factored in."

Thats upto 1tcf with the other chalk zones, the lower zones, and not 1tcf just from the sugarkane zone.

Any one with me...........?

good days ahead i feel...................

 

[mpls]

Looking at the Adelphi presentation.

P.10 Diagram of the zones. Only measurement is an 80m range of the Austin Chalk covering the 3 zones. This is 262.4671916010499 Feet. So all 3 zones are within 262 ft as per the presentations.

Couch said 11,925’ to 12,200’ looks very oil productive. 275ft interval

So it is reasonable to say so it looks like all three zones fall into Couch's range


So,
















Bring on the first test in zone 3!

PS: Can agentm, filter me here?

 

[Agentm]

TCEI put in a gas completion report on the 28th Aug 2007..

the report i think was needed as after 12 months you have to report something on the well.. they cant just sit on it.. so this is the longest possible time they probably could have shut in the well without reporting on it..

its now listed as a gas well

dont get too excited as the well is not tested.. this is the DI report on the well..

DI ADVISORY: NO COMPLETION DATE USED OPERATORS CERTIFICATION DATE
*5" 23.2# CASING PULLED TO 14760'
DI ADVISORY: DISTRICT COMPLETION STAMP DATE AUG 28 2007
WELL RECORD ONLY- AT THIS DATE THIS WELL HAS NOT BEEN COMPLETED AND NO TEST HAVE BEEN RON

i can see where they squeezed the cement,, i find that part the most exciting part of the report.. think about the 3 zones and think about how they said the lower zones were the most charged..


12292-12294 SQUEEZED WITH 300 SKS "H"

12250-12252 SQUEEZED WITH 100 SKS "H"


kunde 3 is on the go now, its taken some time for them to decide to put in the casing, as production casing going in now, they can finish the well and then test it when ever..

they have to report it within 48 hours,, so i got it yesterday,, it was filed on thursday or fiday it actually started laying the production casing on the 3rd september.. so its 6 days in on laying the casing..

Prod - Int 09/03/2007 03:00



Monday will be interesting.. I get the feeling Sugarloaf is about to get the green light, i would be as upset as anyone if they delay again,, but my own opinion is that SL1 testing is genuinely about to commence this coming week..

2 years of amazing times,, its one hell of a test well.. and remember that this well was always designed as a test well.. thats extremely important..

bring on that test!!!

 

[Father Ted]

Hello!

It's 10:50pm on 11th Sept here in the UK. This forum seems to have died over the last couple of days.

Has every one gone home - or did I just miss the end of the world?

Father Ted

 

[Agentm]

the ASF forum is a little different to the one your used to..

i try to contribute information and discuss issues about ADI and also the JVP.

your forum is different, its based on abuse and attack of a personal nature, and the ADVFN one in particular has driven investors away, many have their own email groups in preference to the forums as the opinions are appreciated and respected.

i found kevro on the HC site yesterday raised some significant issues, but when i look at the Uk site i see the quality posters have all moved away into private groups and the discussions are of higher quality.. you probably know i am hated by many on advfn for posting support for the jvp and having a positive attitiude to the 15 year project that TCEi and conocophillips have had there in live oak and karnes county..

Most investors are simply waiting for the testing to begin this week..

I remain optimistic that the SL1 tests will happen as announced.. many punters will not back it in this time after seeing the testing being announced constantly for 12 months and revised and delayed over and over again.

fingers crossed!!

btw, why wouldnt EME announce the laying of production casing and the testing of mumbojumbo well???

 

[Lucky_Country]

Looking forward too a weekly update today hopefully stating testing has started and results will be out soon.
Still very interested too hear something on NT seems lost in the trail of SL was very hopeful of a good result there

 

[Evangeline]

Not much to be said atm. We're all just on tenterhooks waiting for news about the upcoming tests. It is my understanding they have to let us know by Monday if they are to be delayed again?

I am not that optimistic about them starting this week - given that they have to disassemble and reassemble Paterson rig in such a short time. But who knows?

 

[blues]

AUT report out fraccing has begun and the drill rig is on the way.

ADI and EKA now also have market sensitive announcements out.

Cheers

 

[HOMER J]

Via ASX Online
SUGARLOAF-1 TEST PROGRAM COMMENCES
Adelphi Energy Limited advises that fraccing and testing operations at the Sugarloaf-1
well, located in the onshore Gulf Coast Basin in Texas, USA, commenced on 11
September 2007, Texas time.
As previously advised, there are up to three separate zones that will be fracced and
tested sequentially as part of this program in Cretaceous aged carbonates of the Austin
Chalk formation, with the deepest zone being tested first.
Further ASX announcements will be made as results from this test become available.
The Operator of the Sugarloaf Project (Texas Crude Energy Inc.) has further advised that
mobilisation of the drilling rig to the Kennedy #1H well site is scheduled to commence this
week.
Adelphi, through its wholly owned US subsidiary Adelphi Energy Texas, Inc., has a 20%
interest in the Sugarloaf Project which includes the Sugarloaf-1 and Kennedy #1H wells.
For further information please contact Alex Forcke or Chris Hodge on 08 9480 1300 or
info@adelphienergy.com.au.
Yours faithfully
ALEX FORCKE
Executive Chairman
Adelphi Energy Limited

 

[Lucky_Country]

Testing has started hold onto your hats could be an exciting few weeks Kennedy 1 will also start this week here we go last chance too get in !

 

[Agentm]

i was looking at the patterson rig today,, and its still feasable to get it done and over to our well.. they have about 500 feet of production casing left to as of 3 days ago..

the best news is that they started testing yesterday..

we will be getting updates on the well as soon as they have them..

this is the news we have all been waiting for..

WILL THEY GET FLOW???????

 

[nioka]

Looks like the "groundhog day curse" has been lifted at last. Indications are, for me at least, that the time is close to find out if the wait has been worth while. Actually it has been a profitable ride to date for me because of the ups and downs. Let's hope it is all up from here.

 

[Agentm]

Just checked, ground hog day is officially over!

The reaction is very very subdued.. nothing really to be excited about.

I would have thought i warranted a little bit of discussion.. oh well!!

Good luck to all holders here, and those selling before the news comes out.. best of luck..

 

[mfunksta]

We've all speculated how high the price will go with flow, but how low do you think it will go without it?