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ADI - Adelphi Energy

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new permit for conoco in live oak, plomero ranch 3H
obviously next to their first well drilled out there

conoco has drilled the eskew north well and is drilling the
F malik well now

conoco has only one rig drilling in live oak, the adi jvp
have 2 rigs in karnes county drilling

conoco has a second rig, a nabors f15 rig in dewitt county,
that rig finished the maraldo well and is now completing the
butler well

in karnes county

pioneer have have drilled the handy 1H well east of adi
acreages close to bordovsky and now drilling closer to our
acreages the chessnut 1 H

dan hughes finished the darlene 3H and is drilling the
KASPRZYK-JENDRUSCH UNIT a few miles north of the adi
kowalik well

eog have finished the lyssy unit 6 and is drilling the
lyssy unit 4 just a few miles north of the adi acreages and
a touch west of dan hughes..

eog have finished the harper 8 and are drilling the harper
4 now a few miles north of the conoco bordovsky

all imho and dyor

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e6y4af.png
 
How rude of me I forgot to congratulate AgentM on his thrilling victory in this months tipping competition.

Well done AgentM mind you its been 4 years in the making the odds were in your favour LOL.
 
Lucky_Country said:
How rude of me I forgot to congratulate AgentM on his thrilling victory in this months tipping competition.

Well done AgentM mind you its been 4 years in the making the odds were in your favour LOL.
Click to expand...

i have won it before Lucky_Country

primarily use the comp to see the % fluctuations.. but for the last 5 months i think its been worth following just as chance to win the comp.. its been in the green most months Lucky_Country..

chose it again this month also. i think its a pity that wsywyg didnt win on his choice.. it had massive sp gains also.. but all three jvps were in the top 4 of the comp
 
bp paid up to $4500 per acre to get into the shale with lewis energy

it obvious the eagleford story is yet to be believed here in australia, but imho the moves and the prices per acre are indicating the opposite for many heads of the oil giants.. its really transformed from an unheard of and disbelieved play 12 months back to an extremely sought after play right now..

zero news flow on the second rig from the jvp.. interesting indeed!
 
Agentm said:
bp paid up to $4500 per acre to get into the shale with lewis energy

it obvious the eagleford story is yet to be believed here in australia, but imho the moves and the prices per acre are indicating the opposite for many heads of the oil giants.. its really transformed from an unheard of and disbelieved play 12 months back to an extremely sought after play right now..

zero news flow on the second rig from the jvp.. interesting indeed!
Click to expand...

All good reading Agentm but why is zero news on the 2nd rig interesting?
Dont see how that has any bearing on anything.
 
Excerpt from ADI's 24 Feb report:

"As further results become available from the ongoing work program across the Sugarloaf AMI, Adelphi will in due course move away from reporting an ‘Initial Production Rate’ to reporting the average rate over the initial 30 days of production. This approach has greater technical validity and provides a sound basis from which to commence the extrapolation of decline curves as more production data is acquired."

Does this explain the "no news", or were you expecting something else, not related to flow rates?
 
I assume hes referring to the rumour that hilcorp where bringing in a 2nd drilling rig to accellerate proceedings. Its the obvious next step. Several people have been commenting on it, but as yet there has been no confirmation.
 
condog said:
I assume hes referring to the rumour that hilcorp where bringing in a 2nd drilling rig to accellerate proceedings. Its the obvious next step. Several people have been commenting on it, but as yet there has been no confirmation.
Click to expand...

i have it confirmed.. they are using a patterson top drill on morgan at the moment..

morgan is underway

hilcorp will drill 3 free carried wells for the jvp in the AMI..

easley is still drilling away,, so two rigs are side by side going for the old sugarkane


bigukraine

load of hot air.. been following it a little..
 
Big ukraine ,
Apparently aload of hot air and aload of hot water. If you read the notes on the interview on the fraccing site link they show the people on national tv that they can light their own tap water! Maybe a bit of a pun from Agent on that . Could affect Adi further down the track, maybe sanctions put in place to bring fraccing in line with EPA guidlines?
 
majorca said:
Big ukraine ,
Apparently aload of hot air and aload of hot water. If you read the notes on the interview on the fraccing site link they show the people on national tv that they can light their own tap water! Maybe a bit of a pun from Agent on that . Could affect Adi further down the track, maybe sanctions put in place to bring fraccing in line with EPA guidlines?
Click to expand...

Looks like it could be a concern for the future and found this on the subject as well.....:eek:

GOOGLE drilling tactic digs up controversy
 
Bigukraine,
had a read ...that is alarming. Do you think they ate the cows that chespeake killed ? Seriously though in reading that I can't help but wondering if the horror stories are from the infancy of the technology? Interesting to see the get out clause exxon negotiated before signing, they couldn't be 100% on a favourable outcome.
 
Well spotted agent - parden the pun

Whats the deal with morgan is it onsite or spudded. If they know its a patterson it must be on site at least .

Good find ta.
 
Bigukraine said:
Looks like it could be a concern for the future and found this on the subject as well.....:eek:

GOOGLE drilling tactic digs up controversy
Click to expand...

Yeah interesting stuff Taxi Driver.
Hot Air Agentm?
If congress is looking into it I say there'd be some merit in it.
 
lol @ jancha

if i hear reports of cows exploding after drinking local water i will get detailed reports and let you know

congress imho has a few more pressing things to concern themselves over.. now that arnie the governator has no cash, having the 4th biggest economy on the planet on the ropes may need their serious attention now that sachs has screwed it for them..

cant see them worrying any texans right now..

lol



condog said:
Well spotted agent - parden the pun

Whats the deal with morgan is it onsite or spudded. If they know its a patterson it must be on site at least .

Good find ta.
Click to expand...

my texas friends tell me i am mistaken on the rig..

easley has the toprig on it!! crazy that no one here picked it up.. you need to lift your game guys!!

morgan has another type of rig on it a H&P rig no# 229


better post my agentm report on morgan for the interested investors

03/01/2010 08:00 texas time

morgan ran 9 5/8 casing to 6200 feet


btw morgan spud date was last friday 26th february 2010


2mmabd4.png
 
3 March 2010
Company Announcements Platform
Australian Stock Exchange Limited
Exchange Centre
20 Bond Street
SYDNEY NSW 2000
Via ASX Online
SUGARLOAF OPERATIONS UPDATE
Adelphi Energy Limited ("Adelphi") is pleased to provide the following update on operations
within the Sugarloaf AMI.
Morgan #1H
Adelphi has been advised by the operator Hilcorp Energy that the second farm-in well within
the Sugarloaf AMI, the Morgan #1H well, was spudded on Friday, 26 February 2010 (US CST).
The well is located approximately 5 km North West of the Easley #1H well and is expected to
take approximately 6 weeks to drill to TD. The well design includes a vertical pilot hole prior to
drilling a horizontal section that will access both the Austin Chalk and Eagle Ford horizons
following fracture stimulation.
Easley #1H
As at 0730 hrs on 2 March 2010 (US CST) the well was drilling ahead at a depth of 15,535 ft
(MD) with approximately 2,800 ft of horizontal section now having been drilled within the
reservoir. Elevated gas readings have been observed since penetrating the reservoir.
Kennedy #1H and Weston #1H
Both wells continue to produce to sales in line with expectation. Production tubing has yet to
be installed in either well and further updates on production rates will be provided once this
has occurred and stable rates have been established.
_____________________________________________________________________________
Adelphi currently (pre-farmout) has a 20% working interest in the Sugarloaf AMI.
Other ASX listed participants in the Sugarloaf AMI, and their respective pre-farm-out working
interests are:
Aurora Oil and Gas Limited 20.0%
Eureka Energy Limited 12.5%
 
Yeah Agentm wasn't really referring to cows exploding more along the line of the water basins being polluted with diesel used in hydraulic fraccing.
Cows exploding sounds a bit far fetched but the chemicals they use in drilling is. Interesting news clip on Democracynow.
 
jancha said:
Yeah Agentm wasn't really referring to cows exploding more along the line of the water basins being polluted with diesel used in hydraulic fraccing.
Cows exploding sounds a bit far fetched but the chemicals they use in drilling is. Interesting news clip on Democracynow.
Click to expand...



Cracking Down on Fracking
Mike Markham of Colorado has an explosive problem: His tap water catches fire. Markham demonstrates this in a new documentary, “Gasland,” which just won the Sundance Film Festival Special Jury Prize. Director Josh Fox films Markham as he runs his kitchen faucet, holding a cigarette lighter up to the running water. After a few seconds, a ball of fire erupts out of the sink, almost enveloping Markham’s head.

The source of the flammable water, and the subject of “Gasland,” is the mining process called hydraulic fracturing, or “fracking.”
 

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