Tulainyo is not a dud read the "ANN" carefully there are no real flow pressures yet as it has to be correlated l think we will be all pleasantly suprised over coming month or 2 what is interesting is the very bottom bit of "ANN"will be interesting as to what this acquisition is ??
finalisation of its current negotiations with respect to a strategic acquisition
The Tulainyo 2-7 well was drilled as planned to a total depth of 5,710 feet (1740 metres), within the very large, over pressured anticlinal structure following extensive pre-planning. Post well analysis indicated multiple stacked sandstone units, varying as expected in thickness and quality, all gas saturated. A gas flow test program commenced in late February, was carried out with perforations into selected reservoir intervals using Tubing Conveyed Perforating Equipment or TCPs. The flow testing has so far been conducted in two stages over a range of zones between total depth of 5,710 feet and 3,600 feet. Inflows of good quality gas into the well are currently being achieved at apparently low rates, but have yet to be accurately measured. Formation evaluation is now being carried out including running pressure gauges and conducting pressure build up tests. The results of these tests will potentially allow for a better understanding of reservoir quality, any reservoir damage (for example as a result of the high mud weights used during drilling operations) as well as any remediation options that could be put into effect. Although tighter or less permeable rocks than predicted may be a factor in the results so far, there is substantial data that continues to support the presence of permeable gas reservoirs. This comprises examination of the extensive outcrop of the Lodogo Formation sandstones in the ranges immediately west of the Tulainyo structure (including outcrop core analysis), wireline log data and gas inflows in this well, and the equivalent section in the nearby discovery wellbore while drilling.
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