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Sonde Resources Corp NEW Message Board

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  • Reply to

    New Field

    by dvoowner Mar 26, 2015 11:58 AM

    Here is the info on the Eni field it discovered south of the SOQ offshore block (note this is a gas field with lots of liquids in it as SOQ's well had):
    The location is in Area D, 22 km (13.7 mi) from the producing Bahr Essalam field. Eni North has a 100% operated interest in the concession.

    The B1-16/4 discovery well, drilled in 150 m (492 ft) of water, encountered gas and condensates in the Eocoen-age Metlaoui formation.

    During testing, constrained by surface facilities, the well flowed 29 MMcf/d (821,189 cm/d) of gas and more than 600 b/d of condensate with a 64/64-in. choke. In a production scenario, the well could deliver more than 50 MMcf/d (1.4 MMcm/d) and 1,000 b/d, Eni added.

  • Saw where Eni drilled a new field well 30 miles south of the SOQ block. WTH.

  • Reply to

    Well gollleeee!

    by wright.tom64 Feb 2, 2015 6:37 PM
    alr@bellsouth.net alr Mar 9, 2015 12:52 PM Flag

    yes it was a long run with some of the best properties you could possibly have. I can't recall a co. having such good properties with such bad management. if soq/sng had had good management it could have been a billion dollar co. but as it went I lost about seven grand. there were sign along the way and I did weigh them but would look at the the value and decide to stay. I did sell a lot of my holdings when the shell co was brought on board. /good luck

  • Reply to

    Well gollleeee!

    by wright.tom64 Feb 2, 2015 6:37 PM

    It was fun (in a macabre and terrifying way) watching failure after failure and the reasons that went along with it. Everyone except the shareholders seemed to win on this one and its predecessor.

  • Reply to

    Well gollleeee!

    by wright.tom64 Feb 2, 2015 6:37 PM

    Well, SOQ is finally dead. I sure liked looking at the awesome geology and 4 wells that were drilled at TnT. They had 4 TCF in their hands and screwed up that deal big time. That is so sad. Regards.

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