Interesting that Oil imports are up close to a million barrels a day over the last few weeks. Wonder why when US Production continues to hold steady.
Are the speculators anticipating a shift soon in the price of oil?
seems somebody knows something
We have results on the YPx-1 but unless I read this wrong how about the CHx-1? Below is from current presentation
Well logs and tests on two key wells
- CH.x-1 – Lower Agrio Oil test
3,000 – 3,200 m
- YP.x-1 – Mulchinco gas and liquids test
I liked the comments on the need for a very heavy drilling mud. Would be nice to see a little more detail on what was found pressure wise in each zone
I would say the situation with well inventory at record levels and frack stages hitting 90 per well could mean a very bright future but only after the price of oil turns
Good for Rockpile in long term