And look at the Hydrogen. Great news all round. What happens now with Clink 1, extended tests?. Also we got Darwin to come. |
The scoping study had 3 wells feeding into 10,000 mcf/d plant.And we got 4,350 mcf/d from Amsden alone.In one well.Looking a lot better than expected |
con90210, if I don't really understand it how will I get more understanding, apart from by asking? |
I'm not "just trading this". I've been here since 13p and if it's commercial, or likely commercial, obviously I will hold. If it's not, I won't. I don't call that "trading".Now can anyone explain the numbers and wording for the people who aren't gas experts? Is it:* Great news?" Essentially more work to be done but it's looking hopeful?* Poor but there's still hope? |
cybers just trading this
reasonable questions but obviously trading the share.... |
Compared to others in the Montana Fairway fhis is a huge discovery that can be easily commercialised."Helium grades are over 1.6x higher than estimated in Company CPR and Scoping Study, " |
I can't interpret the numbers and flow rate I'm afraid. The RNS sounds like quite mixed news to me. |
4250 is very poor indeed. |
"process which is relatively common and cost-effective in the region." |
*AOF is the maximum production rate and does not represent sustained production rates. Prudent flow rates will be lower. |
Hydrogen Successfully flowed 4,250 thousand cubic feet per day (Mcf/d) of raw gas from the Amsden formation on a 30/64" choke and 1,050 PSI wellhead pressure.· Amsden formation appears to be a robust gas producer with additional gas analysis underway. |
Apologies! I read it too fast, they do say "extra stimulation needed to reach commercial flow" of helium. Can anyone with a bit more experience say whether this reduces the commerciality? |
this will get hammered today, sadly not the news we were expecting. |
What's not to like - 55.2% hydrogen concentration in gas isolated during drilling - represent a unique and exciting opportunity for the Company. |
Does it formally need all 3 formations to be tested, and an EWT, before they're allowed to use the word "commercial"? |
The percentages look amazing but I don't see the word "commercial" anywhere? |
David Minchin, Chairman of Helix Exploration, said:
"The discovery of helium at Clink #1 is a milestone event for the Company and a significant achievement considering we only listed in April 2024. With testing ongoing at Clink #1 and ready to commence at Darwin #1, we hope that this is the first of several discovery announcements to be made before the end of this year."
· Charles formation exhibiting strong pressure indications for future stimulated flow testing. |
Didn't stay a flatline...oh well. Another day closer to news |
It'll just be a ramp with the 🤡 talking up his own book, rien ne change |
I don't mind the flatline ... everyone has taken a position who wants one and now it is just a wait for results. |
What's the gist please? I haven't got a login. Thanks. |
New name required
Oilmanjim should do it
🤡🤡🤡🤡 |
Good summary from Jim https://oilman.beehiiv.com/p/oilman-jim-s-letter-november-17-2024Interesting news ahead |
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