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More technical questions need to be asked of these well test reports. It is quite possible there are signficant exaggerations of these results - AOF vs surface rates, pressure depletion etc. Mr Mullicek must publish key items of well test informaiton, the well test tubing string diameters, the downhole test pressure data and test durations.There is never sufficient information to provide investment confidence and the brokers and fund managers are just blindly accepting it.
Professional 40 year veteran Petroleum Engineers post on the Yahoo board IOC. They have reviewed IOC's presentations and find them credible.As does World Oil mag the leading OIl and NG mag, As does Upstream, Petroleum News Net and many others assert IOC claims. Two independent reservoir engineers have independently reviewed the results.Both find substantial assets.. Three outside third parties report at the last wellhead test they have decades of doing DD have never seen results like this but this well has the facts. Firms as in Haliburton, Weatherford and Schlumberger. What are you qualificatione to dispute the largest reservoir engineering firms in the world and the 3 largest OIl service companies in the world..Where is your Pet Engin degree with 40 years experiece or are you just another ID of the paid basher Brigade.?? Inquiring Minds would like to know??.
On Dec 02 04:54 AM papuan wrote:
> More technical questions need to be asked of these well test reports. > It is quite possible there are signficant exaggerations of these > results - AOF vs surface rates, pressure depletion etc. Mr Mullicek > must publish key items of well test informaiton, the well test tubing > string diameters, the downhole test pressure data and test durations.There > is never sufficient information to provide investment confidence > and the brokers and fund managers are just blindly accepting it.
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InterOil Reseach reports 2 comments
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
This post has 2 comments:
On Dec 02 04:54 AM papuan wrote:
> More technical questions need to be asked of these well test reports.
> It is quite possible there are signficant exaggerations of these
> results - AOF vs surface rates, pressure depletion etc. Mr Mullicek
> must publish key items of well test informaiton, the well test tubing
> string diameters, the downhole test pressure data and test durations.There
> is never sufficient information to provide investment confidence
> and the brokers and fund managers are just blindly accepting it.
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