Production casing has been set and cemented. The rig will be released on Friday. The gas pipeline is very close so we have the capability to be online and producing very quickly. The Operator has done quite a bit of planning to ensure that we have the necessary production equipment in place so that we can turn the well to sales on January 2, 2008.
2Boca Raton, FL (PRWEB) December 12, 2007
Seisma Oil Research And Its Industry Partners' Bigger Badder Wolf, Anticipated To Turn To Sales No Later Than January 2, 2008. On his most recent trip to Texas Justin Solomon, President of Seisma, had this to say about Bigger Badder Wolf, "We have always had confidence in our partners EnerMax. Inc, 4G Companies. We have successfully logged the well and within the estimated amount of drilling time. We are excited to be a part of this. I agree with Bret Boteler when he says that this well appears to be a very good well."
On Saturday, December 8th, EnerMax, Inc's President Bret Boteler announced to the partners, "This should be very rich gas, producing 100 barrels of condensate for every 1,000 MCFG. Due to this zone being a pressure depleted drive, we should be able to produce the well at maximum potential, with well head pressures expected to be in excess of 5,000 psi. We will monitor draw down and pressures after the well has been online for 30 days, then we'll be able to make better estimations on sustained flow rates and total reservoir potential."
When asked about the well's status, Boteler had this to say," Production casing has been set and cemented. The rig will be released on Friday. The gas pipeline is very close so we have the capability to be online and producing very quickly. The Operator has done quite a bit of planning to ensure that we have the necessary production equipment in place so that we can turn the well to sales on January 2, 2008."
Continuing reports and updates on Bigger Badder Wolf will follow.
About Seisma Oil Research, LLC
When called upon to bring their partners preeminent and technically sound state-of-the-art oil and gas-drilling programs to market, Seisma Oil Research, LLC continues to deliver, barrel upon barrel. Seisma was conceived, engineered and placed to become a global conduit for an increasingly demanding industry. Seisma Oil Research, LLC has already surpassed its primary expectations by expanding partnerships and opening world markets and is now forging ahead within new partnerships and associations.
Through their unique brand of corporate management they are able to offer opportunities to prospective investors that have, until their arrival in the market place, been historically unattainable by many of their partners around the globe. Supported by decades of executive experience, industry knowledge and relationships and the best technology on offer, Seisma Oil Research, LLC continues to develop and expand their partnerships and portfolio of energy focused investments.
Seisma's principal responsibility to its investors is to intelligently acquire, operate, explore, exploit and develop oil and gas properties. Their portfolio includes production, exploration, pipelines and water rights, with a new value added emphasis on renewable energies such as ethanol and bio diesel they continually strive to be among the cutting edge this industry's leaders.
Seisma's operations are carried out predominantly in the Mid-Continent Region, Permian Basin, and Gulf Coast/Gulf of Mexico. Their partners are positioned around the globe, and by having preferential access to Seisma's research they are enabled to actively participate in Seisma's growth. Their success is wholly based on the enthusiasm, commitment, and talent of our people. The ethos of our corporate culture is one of integrity, innovation, accountability and team effort.
This press release includes forward-looking statements as defined by the Securities and Exchange Commission. Such statements are those concerning forecasts, estimates, expectations and objectives for future operations. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Statements regarding future production, reserve additions and capital expenditures are subject to all of the risks and uncertainties normally incident to the exploration for and development and production of oil and gas. These risks include, but are not limited to, inflation or lack of availability of goods and services, environmental risks, drilling risks and regulatory changes. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. The above mentioned program has been fully funded and is not available to new investors.