ADI - Adelphi Energy
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he he.....excuse my ignorance but does War and Peace have a happy ending? or is it more a shakespeare tradegy? hope it's not romeo and juliette... the plot could go... get totally pi$$ed with the share and bail only to find the next announcement details the results of the prolific several Tcf field... or hang in there til the bitter end only to find the field is totally impermeable and even tho' there's a Tcf of gas it can't be produced... a tradegy and a thriller! Hope it's more like Pirates of the Carribean/Tomb Raider....
Please AgentM.. can you script it that way??!!
Please AgentM.. can you script it that way??!!
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fflintoff..
i will have a look at all their permit, does appear edwards only?..
smaller holder have the option of bailing, the larger are locked it..
still in all my research seen nothing to suggest that the TCEI kennedy 1H well nor the Kunde 3 wells are incapable of reaching their objectives.
looking forward to the results of both wells
cheers
i will have a look at all their permit, does appear edwards only?..
smaller holder have the option of bailing, the larger are locked it..
still in all my research seen nothing to suggest that the TCEI kennedy 1H well nor the Kunde 3 wells are incapable of reaching their objectives.
looking forward to the results of both wells
cheers
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The new Baker#1 well is 3miles south east of Kunde and 5miles south west of kennedy
I assume that the total depth includes the horizontal, so 14000 ft will be the total drill length (I think) that makes bottom possibly nearer 9000 - 10000 ft.
- but I will leave that for others to establish for certain!!
It does not appear to be any of the stars on the aurora oil & gas map from their presentation of 5th Sept - so not certain if its 'one of ours'
still it's interesting
Father Ted
I assume that the total depth includes the horizontal, so 14000 ft will be the total drill length (I think) that makes bottom possibly nearer 9000 - 10000 ft.
- but I will leave that for others to establish for certain!!
It does not appear to be any of the stars on the aurora oil & gas map from their presentation of 5th Sept - so not certain if its 'one of ours'
still it's interesting
Father Ted
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hey father..
i looked at all the permits, its 3 mlies SW of our SL1 well and as you say its a touch shorter than the other wells..
i like the news, its now looking like the outcome of Kunde 3 is such that new step out wells are on the agenda.
the well will not form part of our jvp, but its going to have an impact on the reserves calculations as the TCEI/ conocophillips jvp continue their step out program.
its getting more and more evident week by week that TCEI/conocophillips is no longer just testing the sugarkane, but the SL1 step out, and subsequent kennedy horizontal plus the kennedy horizontal and the new baker 1 well is showing me the suagrkane is being expanded into in a big way.
the kunde 2 well is now looking at the lower zones, as is the SL1 well. Once they are assessed we may be in for some further action on the lower zones.. its critical to understand the zone 3 chalks are not the sugarkane!!
all good IMHO and DYOR
i looked at all the permits, its 3 mlies SW of our SL1 well and as you say its a touch shorter than the other wells..
i like the news, its now looking like the outcome of Kunde 3 is such that new step out wells are on the agenda.
the well will not form part of our jvp, but its going to have an impact on the reserves calculations as the TCEI/ conocophillips jvp continue their step out program.
its getting more and more evident week by week that TCEI/conocophillips is no longer just testing the sugarkane, but the SL1 step out, and subsequent kennedy horizontal plus the kennedy horizontal and the new baker 1 well is showing me the suagrkane is being expanded into in a big way.
the kunde 2 well is now looking at the lower zones, as is the SL1 well. Once they are assessed we may be in for some further action on the lower zones.. its critical to understand the zone 3 chalks are not the sugarkane!!
all good IMHO and DYOR
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monday or tuesday latest is my pick for the horizontal into suagrkane.
the barker permit looks like a vertical with a penetration point. perhaps a future multi lateral well? if zone 3 is flowing well and then zone maybe theres some truth in the couch oils 500 barrels of oil per day from kunde 1? maybe couch added up all the zones they tested and maybe there is 200 barrels of oil pd in zone 2 and 3?
refrac is yet to be announced, by next monday a week has gone by, so i think by the end of next week the refrac will be on the way.
all IMHO and DYOR
the barker permit looks like a vertical with a penetration point. perhaps a future multi lateral well? if zone 3 is flowing well and then zone maybe theres some truth in the couch oils 500 barrels of oil per day from kunde 1? maybe couch added up all the zones they tested and maybe there is 200 barrels of oil pd in zone 2 and 3?
refrac is yet to be announced, by next monday a week has gone by, so i think by the end of next week the refrac will be on the way.
all IMHO and DYOR
Long time holder , first time poster.
Agentm - your posts on this stock have been been informative and full of insight - thanks for your research and your willingness to share this info - much appreciated.
For me its now a simple equation - across the acreage ADI has rights to - there either is or is not commercial O&G in the ground. Time will tell!!!!
I hope there is and S$%t loads of it for all ADI holders , however also accept that this type of exploration is very high risk from a shareholder perspective.
Looking back over the last 12 months - the main disappointment has been the fact that there has been no major good news story , however in this high risk investment - you should expect that.
Overall if you look at the players involved - you would hope and expect that they are not pi##ing good money after bad.
So whilst this post does not provide any further fact or insight - best of luck to all holders of the ADI stock.
DYOR
Agentm - your posts on this stock have been been informative and full of insight - thanks for your research and your willingness to share this info - much appreciated.
For me its now a simple equation - across the acreage ADI has rights to - there either is or is not commercial O&G in the ground. Time will tell!!!!
I hope there is and S$%t loads of it for all ADI holders , however also accept that this type of exploration is very high risk from a shareholder perspective.
Looking back over the last 12 months - the main disappointment has been the fact that there has been no major good news story , however in this high risk investment - you should expect that.
Overall if you look at the players involved - you would hope and expect that they are not pi##ing good money after bad.
So whilst this post does not provide any further fact or insight - best of luck to all holders of the ADI stock.
DYOR
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Hey MJAM.
i agree on all counts, and i absolutely believe the kunde 1, kunde 2 vertical, kunde 3 horizontal, pogue vertical, and pogue directional, and the Sl1 vertical has given the TCEI conocophillips jvp the confidence to step out with horizontals and drill both Kennedy 1H and now Baker 1
we are apparently we are potentially staring 600bcfe to 1tcfe in the face.
not seeing any change of heart in the conocophillips camp, and TCEI is not really doing much anywhere else in the country, its primarily 100% on this huge exercice.
happily keeping my money along side mr fluors... i think that guy knows more than any of us.
cheers
Completion depth & total depth are the same at 14000ft so they are targeting the Edwards i.e. 14000ft is not the total drill length.
Agentm,
Posted on advfn earlier.
You may wish to respond to this plank.
*******************************************************
onetomany - 13 Oct'07 - 12:38 - 59607 of 59611
been away a few days - out of interest how did that twat agentm respond to the news last week. last posts i read from him the day before were how wonderful the next few days would be.
onetomany - 13 Oct'07 - 14:50 - 59611 of 59611
gosscar,
you are drunk matey. agentm is quite obviously just a spoof. ramping constantly and decrying anyone who questions his pish. re consortium, well im a holder with a fair investment here and wish success (obviously). agentm talks pish however, as has been demonstrated many many times. since he really started to gain adoration from pillocks like you the share price has virtually halved! yet for some reason you and a few othrs continue to praise his work and advice. for the love of ****, wake up and smell the coffee, all of you.
im off to watch the footy, once ive taken the pins out of my ears - lol
Posted on advfn earlier.
You may wish to respond to this plank.
*******************************************************
onetomany - 13 Oct'07 - 12:38 - 59607 of 59611
been away a few days - out of interest how did that twat agentm respond to the news last week. last posts i read from him the day before were how wonderful the next few days would be.
onetomany - 13 Oct'07 - 14:50 - 59611 of 59611
gosscar,
you are drunk matey. agentm is quite obviously just a spoof. ramping constantly and decrying anyone who questions his pish. re consortium, well im a holder with a fair investment here and wish success (obviously). agentm talks pish however, as has been demonstrated many many times. since he really started to gain adoration from pillocks like you the share price has virtually halved! yet for some reason you and a few othrs continue to praise his work and advice. for the love of ****, wake up and smell the coffee, all of you.
im off to watch the footy, once ive taken the pins out of my ears - lol
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The Edwards? I thought they were targetting the Sugarkane in the Austin Chalks.
Couch said that the Edwards from 12,275’ to 14,000’ looks tight or too dense to produce.
I was under the impression that this was to be a production well, not a test???
Couch said that the Edwards from 12,275’ to 14,000’ looks tight or too dense to produce.
I was under the impression that this was to be a production well, not a test???
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Sorry - was under the mistaken impression you were referring to Kennedy. It is the Baker well you are referring to (whew)
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I am happy to stand corrected.
However, this is a wildcat you don't normally do horizontal wildcats, (do you?), so I suspect that it's a step out development well. I can't see the Edwards as the main agenda.
- but time will tell!
father ted
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tend to agree father..
will wait and see, but with horizontals the permits often read for the TD not the actual depth, there are 17000 feet horizontals that are drilling the edwards at the moment in bee county and live oak, i tend to think baker 1 well is following the trend that conocophillips has been targeting, and my money is on the sugarkane, so i am with you.. the edwards has not been tested there so i agree a horizontal into it without testing the zone is not the usual process..
fflintoff,, all the above are on filter. i have no interst in commenting. posts like that which have little to do with the jvp and the CP/TCEI program are of little interest here.. re TD, its a horizontal, so i cant see the edwards being in their plans there.
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Are you suggesting that they will go blind into the Edwards? I don't think the permit commits them to have to drill to that depth (or to complete the horizontal for that matter).
father ted
Of course not. We don ´t know. We don ´t even know if any of the partners has an interest in this well. I was merely pointing out the inaccuracy of the previous statements that 14000ft included the lateral section which is obviously not correct. However such a mistake is understandable & is frequently made.
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fflintoff
i cant agree with you at all, please look closely at a permit no# 42 025 3336, an example of how a horizontal well can look deeper than actual depth.
its listed as 17000 feet TD, but your confusing the TD with actual depth. once you get your head around the way permits change in the RRC system it becomes clearer. in most initial permits the actual depth isnt always evident, not all permits carrty the detail some of the CP/TCEI ones did ealier. but later as further information comes to hand they often change depths in the RRC databases.. sometimes they amend depths sometimes they dont, but you should consider the notion of mistaking the measurement of TD with actual depth in permits, or you can end up thousands of feet out in horizontals and directionals.. if its a vertical often you can accept TD will be close to actual depth.. but different story in horizontals, the RRC want the calulations of TD in the wells with lat and long coordinates and turn points etc, this then ensures the well in within a lease. So in horizontals, as it turns out, TD is MD
on the permit 42 025 3336 you will notice it says 17000 feet, but the deepest the horizontal ever went was actual depth 13,780. They perforated from 13,618 to 16,540. it produces from the edwards at the 13780 region and is not at 17000 feet actual depth. that well is an edwards well, its horizontal.
if your expecting the baker 1 well to get a 4000 foot horizontal in when the edwards is 13500+ in our area, your in for a pleasant suprise..
i'll stick with the notion the well is as father ted is saying.. hope this helps..
i cant agree with you at all, please look closely at a permit no# 42 025 3336, an example of how a horizontal well can look deeper than actual depth.
its listed as 17000 feet TD, but your confusing the TD with actual depth. once you get your head around the way permits change in the RRC system it becomes clearer. in most initial permits the actual depth isnt always evident, not all permits carrty the detail some of the CP/TCEI ones did ealier. but later as further information comes to hand they often change depths in the RRC databases.. sometimes they amend depths sometimes they dont, but you should consider the notion of mistaking the measurement of TD with actual depth in permits, or you can end up thousands of feet out in horizontals and directionals.. if its a vertical often you can accept TD will be close to actual depth.. but different story in horizontals, the RRC want the calulations of TD in the wells with lat and long coordinates and turn points etc, this then ensures the well in within a lease. So in horizontals, as it turns out, TD is MD
on the permit 42 025 3336 you will notice it says 17000 feet, but the deepest the horizontal ever went was actual depth 13,780. They perforated from 13,618 to 16,540. it produces from the edwards at the 13780 region and is not at 17000 feet actual depth. that well is an edwards well, its horizontal.
if your expecting the baker 1 well to get a 4000 foot horizontal in when the edwards is 13500+ in our area, your in for a pleasant suprise..
i'll stick with the notion the well is as father ted is saying.. hope this helps..
Lucky_Country
Formerly known as ijh
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Well AUT seem too have been sliding the cost of acquiring and exploring the extra leases are obviously weighing in their SP and diluting shareholder value with no gaurantees on what they may find.
ADI played it sensibly keeping shareholder value not getting greedy and will come out ontop and create more intrest from AUT shareholders in there stock.
Very impressed by ADI management cool calm and collected bit frustrated but should be worth the wait more news would have been nice but they are doing a great job.
ADI played it sensibly keeping shareholder value not getting greedy and will come out ontop and create more intrest from AUT shareholders in there stock.
Very impressed by ADI management cool calm and collected bit frustrated but should be worth the wait more news would have been nice but they are doing a great job.
