Company must raise good chunk to at least develop 10 wells so 15 million placing would be nice |
Why place when others will be queuing up to farm in to this? Shorters just squealing like pigs imo. |
Exactly once PLACING is out of the way Story would be very tempting |
Need to get the placing sorted as there skint now what price though? 12p 15p?
Will wait for the placing |
MONEY NEEDED NOW TO DEVELOP THE WELL so PLACING is sure thing |
20p incoming. |
And we have more news to come from Ingomar Dome , the flathead and Charles Formations testing. |
This is going to be huge, sit back and enjoy the ride from now to A...Today 07:19
“This is the ultimate goal! We’re excited to step into 2025, where we aim to deliver updates on our journey to becoming cash-generative by year-end.” |
Brilliant results. Darwin 1 well costs just $1.2 million to drill therefore multiple wells with each well paying back in less than 4 months.Kerching!"Rudyard field can support multiple production wells on structure with each well having the potential to produce pre-tax cashflow of circa $4.0 million per year and drain a large area over a sustained period" |
A great discovery and a perfectly worded RNS. Should make for a very interesting re-rate. |
Brilliant results. Darwin 1 well costs just $1.2 million to drill therefore multiple wells with each well paying back in less than 4 months.Kerching!"Rudyard field can support multiple production wells on structure with each well having the potential to produce pre-tax cashflow of circa $4.0 million per year and drain a large area over a sustained period" |
Ideal time for PLACING |
Has TOM posted on twitter yet ? https://youtu.be/cUVeAuUcX5U?si=4Knm7_VAB2C7aQeO |
Great result folks;"The identification of 1.1% helium with commercial flow rates at Darwin #1 makes Rudyard a company making discovery. With capacity for several production wells to operate on Rudyard field simultaneously the project has potential to generate multi-million-dollar revenues per year."Cash |
Great result folks;"The identification of 1.1% helium with commercial flow rates at Darwin #1 makes Rudyard a company making discovery. With capacity for several production wells to operate on Rudyard field simultaneously the project has potential to generate multi-million-dollar revenues per year." |
https://x.com/rckhlldd/status/1867110205097435555?s=46 |
"At conservative sustained flow rates of 2,000Mcf/day raw gas, 1.1% helium grade, and a helium sales price of $500/Mcf, production from the Darwin #1 would generate pre-tax cashflow of circa $4,000,000 per well per year. The Company controls the entire anticline in its leasehold and has the opportunity to place several producing wells within the Rudyard field and estimates production well costs of $1.2m per well. Therefore, Rudyard passes the Company threshold to declare an economic discovery with potential to repay well-field and process plant capital within a reasonable timeframe and allow excess cash-flow to be re-invested or distributed."
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going to blast back to new highs! |
ighlights
· Darwin #1 confirms commercial helium discovery at Rudyard
· 236ft of Darwin #1 perforated simultaneously, testing Souris and Red River reservoir horizons
· High grade helium assayed at 1.1% helium with the balance being primarily nitrogen
· Commercial flow rates sustained at 2,750 thousand cubic feet per day (Mcf/d) of raw gas at 40/64" choke with Absolute Open Flow calculated to be over 4,500 Mcf/d
· Rudyard field can support multiple production wells on structure with each well having the potential to produce pre-tax cashflow of circa $4.0 million per year and drain a large area over a sustained period
· Fast-track, low-cost, production taking advantage of favourable gas composition and existing infrastructure (power, road, rail) |
Great news this morning with commercial Helium RNS! |
https://youtube.com/shorts/AIszBKKwqVk?si=IIk0Hj9xDGX5bZ0m |
https://youtu.be/eP4FmZ0wtEU?si=OOhiuC4L8nP9hiHU |
ighlights
· Darwin #1 confirms commercial helium discovery at Rudyard
· 236ft of Darwin #1 perforated simultaneously, testing Souris and Red River reservoir horizons
· High grade helium assayed at 1.1% helium with the balance being primarily nitrogen
· Commercial flow rates sustained at 2,750 thousand cubic feet per day (Mcf/d) of raw gas at 40/64" choke with Absolute Open Flow calculated to be over 4,500 Mcf/d
· Rudyard field can support multiple production wells on structure with each well having the potential to produce pre-tax cashflow of circa $4.0 million per year and drain a large area over a sustained period
· Fast-track, low-cost, production taking advantage of favourable gas composition and existing infrastructure (power, road, rail) |
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