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1261-1280 of 1924
GOOD. Tmr will continue uptrend.
3 wells spudded results pending.
a) 7 Oct 19 - CHAUK APPRAISAL WELL L 145 northern-most well drilled on the Chauk structure
b) 7 Oct 19 - KUALA PAMBUANG EXPLORATION WELL KP-1 1st well in Indonesia, Central Kalimantan
c) 5 Dec 19 - CHAUK APPRAISAL WELL SHWEZETTAW-001 targeting NEW oil reservoir
The wild card lies in b).
For a), the drilling should have completed as the same rig used for drilling had been moved to drill c).
a) 7 Oct 19 - CHAUK APPRAISAL WELL L 145 northern-most well drilled on the Chauk structure
b) 7 Oct 19 - KUALA PAMBUANG EXPLORATION WELL KP-1 1st well in Indonesia, Central Kalimantan
c) 5 Dec 19 - CHAUK APPRAISAL WELL SHWEZETTAW-001 targeting NEW oil reservoir
The wild card lies in b).
For a), the drilling should have completed as the same rig used for drilling had been moved to drill c).
Just realised that the drilling of the Shwezettaw-001 well, announced on 5 Dec 19, is the 1st well to target a NEW oil reservoir. Quote " The deeper of these is the Shwezettaw formation which produces oil and gas in areas to the north, but does not currently produce in the Chauk field."
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SGX ANNOUNCEMENT Trading Code: 5GI Interra Resources Limited 1 Grange Road #05-04 Orchard Building Singapore 239693 Tel (65) 6732 1711 Fax (65) 6738 1170 www.interraresources.com
5 December 2019
MYANMAR DRILLING UPDATE: DRILLING COMMENCEMENT OF CHAUK APPRAISAL WELL SHWEZETTAW-001 Interra Resources Limited (the &ldquo Company&rdquo or &ldquo Interra&rdquo ) wishes to inform shareholders that its joint venture entity, Goldpetrol Joint Operating Company Inc. (&ldquo Goldpetrol&rdquo ), has commenced drilling appraisal well Shwezettaw-001 in the Chauk oil field in Myanmar. Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Chauk field and also owns 60% of Goldpetrol which is the operator of the field. Shwezettaw-001 is being drilled using Goldpetrol&rsquo s ZJ 450 rig, thus drilling costs are expected to be relatively low. Interra&rsquo s share of the cost of drilling is funded from existing funds on hand. Shwezettaw-001 is drilled as an appraisal well in the far north of the Chauk structure and very near the northern block boundary. The well will be directionally drilled reaching a maximum inclination of 40 degrees and a total measured depth of 5,000 feet to test the production potential of oil reservoirs which have produced in this area. The deeper of these is the Shwezettaw formation which produces oil and gas in areas to the north, but does not currently produce in the Chauk field. Shwezettaw-001 is the eighth well to commence drilling in Myanmar in 2019, and Interra estimates that the drilling and completion results should be available within approximately six weeks. The Company will announce the results of the drilling operation as soon as they may be ascertained as well as updates reflecting critical or unexpected events during drilling. By Order of the Board of Directors of INTERRA RESOURCES LIMITED Marcel Tjia Chief Executive Officer
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SGX ANNOUNCEMENT Trading Code: 5GI Interra Resources Limited 1 Grange Road #05-04 Orchard Building Singapore 239693 Tel (65) 6732 1711 Fax (65) 6738 1170 www.interraresources.com
5 December 2019
MYANMAR DRILLING UPDATE: DRILLING COMMENCEMENT OF CHAUK APPRAISAL WELL SHWEZETTAW-001 Interra Resources Limited (the &ldquo Company&rdquo or &ldquo Interra&rdquo ) wishes to inform shareholders that its joint venture entity, Goldpetrol Joint Operating Company Inc. (&ldquo Goldpetrol&rdquo ), has commenced drilling appraisal well Shwezettaw-001 in the Chauk oil field in Myanmar. Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Chauk field and also owns 60% of Goldpetrol which is the operator of the field. Shwezettaw-001 is being drilled using Goldpetrol&rsquo s ZJ 450 rig, thus drilling costs are expected to be relatively low. Interra&rsquo s share of the cost of drilling is funded from existing funds on hand. Shwezettaw-001 is drilled as an appraisal well in the far north of the Chauk structure and very near the northern block boundary. The well will be directionally drilled reaching a maximum inclination of 40 degrees and a total measured depth of 5,000 feet to test the production potential of oil reservoirs which have produced in this area. The deeper of these is the Shwezettaw formation which produces oil and gas in areas to the north, but does not currently produce in the Chauk field. Shwezettaw-001 is the eighth well to commence drilling in Myanmar in 2019, and Interra estimates that the drilling and completion results should be available within approximately six weeks. The Company will announce the results of the drilling operation as soon as they may be ascertained as well as updates reflecting critical or unexpected events during drilling. By Order of the Board of Directors of INTERRA RESOURCES LIMITED Marcel Tjia Chief Executive Officer
Not yet trading halt.
superstartup ( Date: 06-Dec-2019 16:11) Posted:
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Yes yes yes. I want a trading halt.
Patiently waited 2 months.
Patiently waited 2 months.
383838 ( Date: 06-Dec-2019 16:07) Posted:
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Me also. I think the KP1 result first. You want a halt right? Ok lah this evening give you lah.
superstartup ( Date: 06-Dec-2019 15:19) Posted:
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Let' s see if this evening we can have the drilling result for appraisal well L 145 in the Chauk oil field in Myanmar.
But I am more excited about the KP-1 well in Central Kalimantan.
But I am more excited about the KP-1 well in Central Kalimantan.
4h chart ew 44 54 w2?
w1 10
w2 6 tgt 48 dn 61.8%
- px hit low 51
- cloud support 51
- baseline support 49
w3
w4
w5
w1 10
w2 6 tgt 48 dn 61.8%
- px hit low 51
- cloud support 51
- baseline support 49
w3
w4
w5
SgYuan ( Date: 05-Dec-2019 08:46) Posted:
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If they indeed found oil for the KP-1 well.
That' s what I mean.
" The unrisked reserves may then be upgraded and reclassified as reserves."
As for the reserves for the 2 companies, can check through the latest Annual report for both companies.
(Please perform your own due diligence. Am vested.)
That' s what I mean.
" The unrisked reserves may then be upgraded and reclassified as reserves."
As for the reserves for the 2 companies, can check through the latest Annual report for both companies.
(Please perform your own due diligence. Am vested.)
Trader-101 ( Date: 06-Dec-2019 09:56) Posted:
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How is oil reserve higher ???
superstartup ( Date: 06-Dec-2019 09:55) Posted:
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Dream, dream, dream.
If found oil for the KP-1 well, Central Kalimantan Block.
Hor seh liao.
Definitely fly much higher than Rex, I suppose. As the oil reserves is higher + Interra has lower outstanding shares.
If found oil for the KP-1 well, Central Kalimantan Block.
Hor seh liao.
Definitely fly much higher than Rex, I suppose. As the oil reserves is higher + Interra has lower outstanding shares.
superstartup ( Date: 06-Dec-2019 09:46) Posted:
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About time to have a trading halt.
And hope to hear positive news from the KP-1 well.
Let' s have some fireworks here.
" The unrisked prospective resources for the entire Block estimated as at 1 January 2019 by ERC Equipoise Pte Ltd are: low case of 67 million stock tanks barrels, best case of 305 mmstb and high case of 1,288 mmstb. If the drilling results of KP-1 are commercially successful, then these prospective resources may be upgraded and reclassified as reserves."
(Please perform your own due diligence. Am vested.)
And hope to hear positive news from the KP-1 well.
Let' s have some fireworks here.
" The unrisked prospective resources for the entire Block estimated as at 1 January 2019 by ERC Equipoise Pte Ltd are: low case of 67 million stock tanks barrels, best case of 305 mmstb and high case of 1,288 mmstb. If the drilling results of KP-1 are commercially successful, then these prospective resources may be upgraded and reclassified as reserves."
(Please perform your own due diligence. Am vested.)
Suddenly all the Sell orders get thin.
Looks great.
Reversal lai liao.
Looks great.
Reversal lai liao.
SGX ANNOUNCEMENT Trading Code: 5GI Interra Resources Limited 1 Grange Road #05-04 Orchard Building Singapore 239693 Tel (65) 6732 1711 Fax (65) 6738 1170 www.interraresources.com
5 December 2019
MYANMAR DRILLING UPDATE: DRILLING COMMENCEMENT OF CHAUK APPRAISAL WELL SHWEZETTAW-001 Interra Resources Limited (the &ldquo Company&rdquo or &ldquo Interra&rdquo ) wishes to inform shareholders that its joint venture entity, Goldpetrol Joint Operating Company Inc. (&ldquo Goldpetrol&rdquo ), has commenced drilling appraisal well Shwezettaw-001 in the Chauk oil field in Myanmar. Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Chauk field and also owns 60% of Goldpetrol which is the operator of the field. Shwezettaw-001 is being drilled using Goldpetrol&rsquo s ZJ 450 rig, thus drilling costs are expected to be relatively low. Interra&rsquo s share of the cost of drilling is funded from existing funds on hand. Shwezettaw-001 is drilled as an appraisal well in the far north of the Chauk structure and very near the northern block boundary. The well will be directionally drilled reaching a maximum inclination of 40 degrees and a total measured depth of 5,000 feet to test the production potential of oil reservoirs which have produced in this area. The deeper of these is the Shwezettaw formation which produces oil and gas in areas to the north, but does not currently produce in the Chauk field. Shwezettaw-001 is the eighth well to commence drilling in Myanmar in 2019, and Interra estimates that the drilling and completion results should be available within approximately six weeks. The Company will announce the results of the drilling operation as soon as they may be ascertained as well as updates reflecting critical or unexpected events during drilling. By Order of the Board of Directors of INTERRA RESOURCES LIMITED Marcel Tjia Chief Executive Officer About Interra Interra Resources Limited, a Singapore-incorporated company listed on SGX Mainboard, is engaged in the business of petroleum exploration and production (E& P). Our E& P activities include petroleum production, field development and exploration. We are positioning ourselves to become a leading regional independent producer of petroleum
5 December 2019
MYANMAR DRILLING UPDATE: DRILLING COMMENCEMENT OF CHAUK APPRAISAL WELL SHWEZETTAW-001 Interra Resources Limited (the &ldquo Company&rdquo or &ldquo Interra&rdquo ) wishes to inform shareholders that its joint venture entity, Goldpetrol Joint Operating Company Inc. (&ldquo Goldpetrol&rdquo ), has commenced drilling appraisal well Shwezettaw-001 in the Chauk oil field in Myanmar. Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Chauk field and also owns 60% of Goldpetrol which is the operator of the field. Shwezettaw-001 is being drilled using Goldpetrol&rsquo s ZJ 450 rig, thus drilling costs are expected to be relatively low. Interra&rsquo s share of the cost of drilling is funded from existing funds on hand. Shwezettaw-001 is drilled as an appraisal well in the far north of the Chauk structure and very near the northern block boundary. The well will be directionally drilled reaching a maximum inclination of 40 degrees and a total measured depth of 5,000 feet to test the production potential of oil reservoirs which have produced in this area. The deeper of these is the Shwezettaw formation which produces oil and gas in areas to the north, but does not currently produce in the Chauk field. Shwezettaw-001 is the eighth well to commence drilling in Myanmar in 2019, and Interra estimates that the drilling and completion results should be available within approximately six weeks. The Company will announce the results of the drilling operation as soon as they may be ascertained as well as updates reflecting critical or unexpected events during drilling. By Order of the Board of Directors of INTERRA RESOURCES LIMITED Marcel Tjia Chief Executive Officer About Interra Interra Resources Limited, a Singapore-incorporated company listed on SGX Mainboard, is engaged in the business of petroleum exploration and production (E& P). Our E& P activities include petroleum production, field development and exploration. We are positioning ourselves to become a leading regional independent producer of petroleum
superstartup ( Date: 06-Dec-2019 00:57) Posted:
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Getting exciting this month for Interra.
Company just announced the commencement of the drilling of another well, appraisal well Shwezettaw-001 in the Chauk oil field in Myanmar.
The drilling is done using the same rig that drilled appraisal well L 145 in the Chauk oil field in Myanmar also.
So the drilling result for L 145 should be out over the next few days.
But the REAL wild card lies in the KP-1 well in Central Kalimantan, for which drilling result should be out anytime now.
Lai lai. Trading halt, please.
Huat Ah!
BTW, please perform your own due diligence k.
(Am vested.)
(Am vested.)
superstartup ( Date: 05-Dec-2019 11:56) Posted:
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Saw someone accumulating, and someone selling.
Both slowly.
Looks good. Price bottomed out it seems.
Lai lai. Drilling results for the 2 wells. Quick leh. About time.
Both slowly.
Looks good. Price bottomed out it seems.
Lai lai. Drilling results for the 2 wells. Quick leh. About time.
The last 2 weeks of selling looks like coming to an end.
Time to move back up.
Let' s have a trading halt.
Time to move back up.
Let' s have a trading halt.