Cardiff Energy Corp. - 500 Beiträge pro Seite

[praesens]

Hallo,

ich möchte hier Cardiff Energy Corporation vorstellen.

Die Firma ist aktiv als Explorer im Öl- & Gassektor innerhalb der USA.
Listing an der TSX-V in Toronto.
Kurs innerhalb der letzten 3 Monate von 2 Cent auf 10 Cent gestiegen.
Marktkapitalisierung aber immer noch "nur" 3,3 mio $.
Aktuell wird gebohrt in der "Gardner Lime Zone".

Der aktuelle Grund für die Spekulation:

"A number of wells close to the drilling location have successfully produced from the Gardner Lime. During the drilling of this well a number of formations in addition to the Gardner Lime are expected to be encountered. These include the Gardner Sand, Jennings Sand, Jennings Lime and the Palo Pinto Lime. All of these zones are productive in the area."

Ich bin hier im Laufe der vergangenen Woche eingestiegen.

Gruß, praesens

[praesens]

Homepage:

http://www.cardiffenergy.com/s/Home.asp

[praesens]

Aktueller Kurs: 0,10 Cad $

Marktkapitalisierung: 3,3 mio CAD $

Ausgegebene Aktien: 33 mio Stücke.

Symbol: CRS

WKN: A119FM

Kontakt:
Cardiff Energy Corp.
3920 Delbrook Ave
North Vancouver, BC
V7N 3Z8
Tel: [phone]
Email: [e-mail]

Quellen: Homepage und comdirect.de

[praesens]

Aktuelle news:

http://www.cardiffenergy.com/s/NewsReleases.asp?DateRange=20…


U.a.:

http://www.cardiffenergy.com/s/NewsReleases.asp?ReportID=664…

"Jul 15, 2014

Cardiff Enters Into Agreement To Drill Multi-Zone Prospect
CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS"), is pleased to announce it will participate in the drilling of an oil and gas well to test the Gardner Lime zone at a depth of 4045 ft. in Runnels County, Texas with Martin Energies, LLC the operator. A number of wells close to the drilling location have successfully produced from the Gardner Lime. During the drilling of this well a number of formations in addition to the Gardner Lime are expected to be encountered. These include the Gardner Sand, Jennings Sand, Jennings Lime and the Palo Pinto Lime. All of these zones are productive in the area.
..."

und

http://www.cardiffenergy.com/s/NewsReleases.asp?ReportID=671…


"Aug 27, 2014

Cardiff Energy Corp. Announces the Anticipated Spudding of the Bearcat #4 Well

View PDF

CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS"), is pleased to announce that spudding of the Bearcat #4 well located in Runnels County, Texas has been scheduled for August 31, 2014. The Bearcat #4 well will be drilled to a total depth of 4045 ft. to test the Gardner Lime zone.

As previously outlined in the Company's July 15, 2014 news release a number of wells close to the drilling location have successfully produced from the Gardner Lime. During the drilling of the Bearcat #4 well a number of formations in addition to the Gardner Lime are expected to be encountered. These include the Gardner Sand, Jennings Sand, Jennings Lime and the Palo Pinto Lime. All of these zones are productive in the area.

To learn more about the Bearcat #4 well please visit:

http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-2014.pdf
..."

[praesens]

Obiges PDF zu Bearcat #4 ist sehr detailliert und interessant !

Allerdings scheint der link nicht direkt zu funktionieren.
Ich mußte ihn per copy and paste in die Browser-Adresszeile kopieren.

Gruß, praesens

[praesens]

Auszüge:


"Bearcat #4 Well:

The Bearcat #4 well will be drilled in Runnels County which is located in Ballinger Texas.

This is a low risk, premium location. Several offset wells have been significant producers.

This is a multi-zone Prospect with the Gardner Lime at 4200’ being the primary objective . Secondary objectives are the Jennings at 3900’ and the Palo Pinto Lime at 3350’


Geological Discussion:

The Ballinger Prospect is situated in the West-central portion of Texas and is known to be a region of multi-zone potential.

The Primary Zone of interest is the Gardner Lime. No fewer than 14 different zones which have produced hydrocarbons in the area will be drilled through on the way to the Gardner Lime.

Existing well control indicates that we can realistically anticipate encountering hydrocarbons in the Jennings Sand and the Palo Pinto Lime which are above the Gardner Lime at the Bearcat #4 location.

The trapping mechanism in this region is low relief structures. When porosity and structure coincide, it is possible to trap hydrocarbons. Operators generally have found low relief structures to be more prolific than high relief structures due to greater areal extent of the reservoirs. The shallower zones have similar trapping mechanisms.

PRIMARY AND SECONDARY TARGETS:

The GARDNER LIME and the PALO PINTO have been productive in the nearest offsetting wells, within 800’ of the proposed Bearcat #4 location. These offsetting wells were drilled and produced during the 1980’s. The JENNINGS SAND has a very strong log show on the nearest offset well and is almost certainly hydrocarbon bearing.

Several other zones appear to have potential but have not been tested or perforated at any of the offsetting locations. These zones will be closely monitored during the drilling and logging process.


IN THE NEWS:

Bearcat #2 – In March, 1984, the Bearcat #2 well
made the news. Upon completion it flowed back at 156
barrels of oil with an impressive but unknown amount of
casing head gas during the first 24 hours. This well
produced 16318 BO in the first 10 months plus an
undetermined amount of natural gas.

Smelley #2 – was drilled and completed in the
Gardner lime and flowed 245 barrels of oil during the
first 24 hours of production and only required a small
500 gallon acid treatment. This well produced 13793 BO
in the first 14 months and 29,519 BO in the first 26
months plus natural gas.

The Four Parcels well – was drilled and completed in
the Gardner Lime and flowed at 180 barrels of oil
during its first 24 hours of production. It produced 13318
BO in the first 17 months.

With the crash in oil prices in the late 1980’s the
previous operator shut down its drilling program and sold
their lease.


Prime Locations:

Two prime locations remain un-drilled and the current operator Martin Energy, LLC has returned to finish an infill drilling program that was interrupted by unfavourable market conditions in the late 1980’s

The Bearcat #4 well is the first of these two locations.

The Bearcat #4 well is staked one location west of the Four Parcels well and is expected to be in the middle of the Gardner lime structure, therefore containing a thicker pay zone, and could prove to be a spectacular completion and producer.

The Bearcat #4 well is expected to have a better developed Jennings Sand, as well as the Palo Pinto and should be well positioned to contain good porosity. A minimum of three pay zones are expected to produce from this location.

..."

[Jon_Schnee]

super Threaderöffnung! Danke

Beobachte Cardiff Energy Corp beobachte auch. Bin durch Jack Bal (CEO CMC Metals) drauf gekommen. Leider erst nach dem Run

[praesens]

News, sedar.com

700.000 St. 10 Cent Optionen für´s Management.
Könnte der Grund gewesen sein, weshalb der Kurs zuletzt bei 10 Cent gehalten wurde.


CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") announces that it has granted incentive stock options to certain directors and consultants to purchase up to 700,000 common shares under the Company's 10% rolling stock option plan (the “Plan”). The Plan received shareholder approval at its last Annual General Meeting held June 27, 2014. The options granted are for a five year period expiring September 2, 2019 at an exercise price of $0.10 per share. This transaction is subject to TSX Venture Exchange approval.

About the Company
Cardiff is an emerging junior oil and gas company engaged in the cquisition, exploration, development, and production of oil and gas properties. Cardiff is listed on the TSX Venture Exchange under the symbol CRS. For additional details please visit Cardiff's website at www.cardiffenergy.com

For additional information contact:
Jack Bal, President
Cardiff Energy Corp.
604-306-5285
[e-mail]

ON BEHALF OF THE BOARD OF DIRECTORS
“Lorne Torhjelm”
Lorne Torhjelm,
Chief Executive Officer

[praesens]

Wow, TSX-V Lehrstunde heute.
Zwischenzeitlich mit hohem Volumen runter auf 0,085, jetzt wieder bei 0,10 ...

Gruß, praesens

[praesens]

Antwort auf Beitrag Nr.: 47.697.690 von praesens am 04.09.14 19:29:21

... und geht jetzt mit ebenfalls hohen Umsätzen ins Plus.





Gruß, praesens

[praesens]

News:

"Cardiff Energy begins drilling Bearcat No. 4 well 2014-09-04 13:58 ET - News Release Mr. Lorne Torhjelm reports CARDIFF ENERGY CORP. ANNOUNCES THE DRILLING OF THE BEARCAT #4 WELL HAS COMMENCED Cardiff Energy Corp. has commenced drilling of the Bearcat No. 4 well in Ballinger, Tex. The anticipated drilling time is estimated to be eight days. Representatives of the company will be at the location next week at the later stages of the drilling process. During the drilling of the Bearcat No. 4 well, a number of formations in addition to the Gardner lime are expected to be encountered. These include the Gardner sand, Jennings sand, Jennings lime and the Palo Pinto lime. All of these zones are productive in the area. We seek Safe Harbor. © 2014 Canjex Publishing Ltd. All rights reserved."

Quelle: stockhouse

[praesens]

Ich glaube ich habe es nicht auf den Punkt gebracht bisher:

Das Reservoir das jetzt gerade angebohrt wird mit einer vertikalen Bohrung produzierte in den 80ern durchschnittlich 200 bopd. Aufgrund niedriger Ölpreise wurde die Förderung eingestellt.

Man geht also davon aus, auch jetzt wieder 200 bopd fördern zu können. Zusammen mit dem Partner, so daß auf Cardiff rechnerisch 100 bopd entfallen.

Der Marktvergleich zeigt, daß Ölunternehmen mit dieser Fördermenge ganz grob zwischen 25 mio und 40 mio $ bewertet werden.

Beim aktuellen Kurs von 0,14 $ hat Cardiff eine marketcap. von ca. 4,7 mio ...

Ist die vertikale Bohrung erfolgreich (was Sie bei Alt-Ölfeldern unter den gegebenen Umständen zu ca. 96 % ist) kann man mit an Sicherheit grenzender Wahrscheinlichkeit im Anschluß von einer dann horizontalen Bohrung in das Reservoir ausgehen - was die Fördermenge dann wiederum ca. ver-4-fachen könnte ...



Gruß, praesens

[Jon_Schnee]

Antwort auf Beitrag Nr.: 47.716.488 von praesens am 07.09.14 18:07:14

vielen Dank für all die Infos - ich warte noch einen starken Rücksetzer.
Wenn man den Aktienkurs anschaut muss der aber nicht kommen.

Alles Gute mit Cardiff und weiter so!

[praesens]

Antwort auf Beitrag Nr.: 47.717.592 von Jon_Schnee am 07.09.14 21:55:04

Warte ich auch drauf - glaube ich aber nicht dran

Mein Plan ging bereits am Freitag in die Hose - wollte für 10 Cent nachkaufen, habe dann aber 11 - 12 gezahlt.

Gruß, praesens

[Jon_Schnee]

Antwort auf Beitrag Nr.: 47.717.790 von praesens am 07.09.14 22:55:01

alles richtig gemacht heute wieder UP +21%

gratuliere! den mutigen gehört die Welt

[praesens]

SK dann bei 16 Cent.

Flow rates frühestens Ende der Woche. Oder dann Nächste.
Falls nichts "durchsickert" ...

Dann wissen wir mehr ...
Und haben es vielleicht auch ...

Gruß, praesens

[praesens]

Ich erwarte (gute) news für Montag.

Gruß, praesens

[praesens]

An den ersten beiden Tagen nach Threaderöffnung jeweils über 300 Leser, danach nur noch ca. 5 ... außer Jon_Schnee keine Wortmeldungen ... beim besten Willen - das verstehe ich nicht ...!

Letztenendes ist es egal, ich bin investiert.

Aber das Ding hier ist m.E ein auf dem Silbertablett servierter Volltreffer.
Die nächsten 1 - 2 Wochen wird hier richtig Spaß drin sein ...

Bei Threaderöffnung war der Kurs 10 Cent, jetzt nach wenigen Tagen sind es 17. Und das ist bei weitem noch nicht das, was hier ansteht ...

Die andere Möglichkeit ist natürlich die, daß ich komplett neben der Spur laufe.
Glaube ich allerdings - zumindest in dem Fall hier - nicht. Wobei ... wer glaubt das schon von sich selbst ...


Gruß, praesens

[praesens]

Teile des Managements waren im übrigen Donnerstag in Texas.
Neue deals ...?!

Gruß, praesens

[praesens]

http://www.stockhouse.com/news/press-releases/2014/09/16/car…

"Cardiff Energy Corp. Announces the Appointment of Thomas Bugg to the Board of Directors

V.CRS | 7 hours ago

(via Thenewswire.ca)

Vancouver, BC / TNW-ACCESSWIRE / September 16 2014 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce the appointment of Mr. Thomas Bugg to the Board of Directors effective September 15, 2014.

Mr. Bugg has been involved in the oil and gas industry for the past 30 years through public and private companies and has significant experience drilling directional, horizontal, deep gas and heavy oil wells in both the United States and Western Canada.

Mr. Bugg has been involved in founding a number of oil industry companies including Beau Canada Exploration Limited where as Chairman, CEO and President he directed the Company from 0 productions in 1988 to over 18,000 bopd by early 2000. Additionally, Mr. Bugg was also one of the original founders of Ensign Drilling Limited. Ensign is now one of the largest drilling contractors in North America with a market capitalization of several billion dollars. Furthermore, Mr. Bugg was recently a past director of Ceiba Energy Services, a publicly traded company listed on the Toronto Venture Exchange that provides environment services to the oil industry.

Mr. Bugg will join the Board of Directors of the Company as an independent director, and will assist with the identification of suitable resource project opportunities and financing for the continued growth of the company.

Lorne Torhjelm CEO states, "The addition of Tom brings to the board of Cardiff expertise in areas that will greatly enhance Cardiff moving forward in its development program."

The Company would also like to announce the resignation of Gordon Bradford as CFO and a Director and the Company would like to thanks him for his contributions. Mr. Bal, the President of the Company will be assuming the position of CFO.

About the Company

Cardiff is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. Cardiff is listed on the TSX Venture Exchange under the symbol CRS. For additional details please visit Cardiff's website at www.cardiffenergy.com

For additional information contact:

Jack Bal, President
Cardiff Energy Corp
604-306-5285
[e-mail]

..."

[praesens]

Da ist sie dann jetzt - die erste News.

Und war Grund für den heutigen Kursanstieg, SK 0,225 $.

Ein Mann mit der Reputation wie Thomas Bugg als Direktor eines kleinen Ölfirmchens wie Cardiff - sagt schon Einiges ...

Zum Beispiel, daß die aktuelle Bohrung erfolgreich war. Sonst wäre er wohl kaum zu Cardiff gekommen. Fehlt jetzt also nur noch die news mit den flow rates. Kann aber durchaus noch ein paar Tage dauern.

Zum Beispiel folgender Teil der news: "... has significant experience drilling directional, horizontal ..."


Gruß, praesens

[praesens]

... marketcap. jetzt ca. 7,4 mio ...


Gruß, praesens

[praesens]

http://www.stockhouse.com/news/press-releases/2014/09/17/car…

"Cardiff Energy Corp. Announces the completion of the Bearcat #4 Well

V.CRS | 3 hours ago

(via Thenewswire.ca)

Vancouver, BC / TNW-ACCESSWIRE / September 17, 2014 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") through its wholly owned subsidiary, Cardiff Energy (USA) Inc. with its Joint Venture Partner, Martin Energy LLC, is pleased to announce the drilling progress of the Bearcat #4 well in Ballinger, Texas.

The well reached total depth on September 16, 2014. The logs indicate hydrocarbon presence in the following formations; Palo Pinto Limestone, Jennings Sand, and Gardiner Limestone.

Production testing of the Gardiner Lime, the primary zone, will be completed and results announced within the next two weeks.

In addition, the Company has entered into a Letter of Intent Agreement with Martin Energy LLC to drill an additional ten wells that will test the Gardiner zone in the immediate proximity of the Bearcat #4.

A three well program will be initiated as phase one of the Letter of Intent. This three well program is planned to be completed within the next 120 days.

Jack Bal, President of the Company states "We are very happy with the drilling and results of the logging of the Bearcat #4 well. We have the opportunity to develop wells in an area of proven oil and gas production with each well having multi-zone potential."

About the Company

Cardiff is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. Cardiff is listed on the TSX Venture Exchange under the symbol CRS. For additional details please visit Cardiff's website at www.cardiffenergy.com

For additional information contact:

Jack Bal, President

Cardiff Energy Corp

604-306-5285

[e-mail]

..."

[praesens]

[praesens]

Und wieder ein lehrbuchhaftes "tree shaking".

Habe noch ein paar bekommen für 0,215 $.

Gruß, praesens

[praesens]

Uups, poste normal immer advfn-charts.
Wußte nicht, daß die comdirect-charts sich auch aktualisieren.
Vergeßt also obiges posting mit chart.

Gruß, praesens

[praesens]

Und weiter geht´s:

http://www.stockhouse.com/news/press-releases/2014/09/25/car…

Cardiff Energy Corp. Acquires Oil and Gas Lease

V.CRS | 12 minutes ago

(via Thenewswire.ca)

Vancouver, BC / TNW-ACCESSWIRE / September 25, 2014 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce that it has acquired a 468 acre oil and gas lease through its wholly owned subsidiary Cardiff Energy (USA) Inc. in Ballinger Texas.

The lease is adjacent to the recently drilled Bearcat #4 well, as reported in our news release of September 17, 2014. In addition to new drilling locations on this property, the lease contains eight existing well bores with unproduced oil and gas zones that should be tested. The Company is considering using radial horizontal technology to evaluate these zones.

Jack Bal, President of Cardiff Energy states, "We are very pleased that we have secured this lease and look forward to the opportunity to develop this area further."

The Company anticipates the completion of the Bearcat #4 well on Friday September 26th.

To learn more about the Bearcat #4 well please visit:
http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-20…" target="_blank" rel="nofollow ugc noopener">
http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-20…

About the Company

Cardiff is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. Cardiff is listed on the TSX Venture Exchange under the symbol CRS. For additional details please visit Cardiff's website at www.cardiffenergy.com

For additional information contact:
Jack Bal, President
Cardiff Energy Corp
604-306-5285
[e-mail]

..."

[praesens]

Ein prima Video, das in ganz einfachen Bildern "radial horizontal drilling" erklärt:

https://www.youtube.com/watch?v=QV54AFHbxlE

[praesens]

SK 0,255 $ und die news mit "... the lease contains eight existing well bores with unproduced oil and gas zones ...".

Ein guter Tag.

Gruß, praesens

[praesens]

Ha - auch nicht schlecht !

Zumindest brauchen wir uns über die Daten des flow test (die zwischen heute und Dienstag bekanntgegeben werden sollten) mit Sicherheit keine Gedanken zu machen:

http://www.stockhouse.com/news/press-releases/2014/09/26/car…

"Cardiff Energy Corp. buys an additional 10 percent interest in the Bearcat # 4 Well

V.CRS | 53 minutes ago

(via Thenewswire.ca)

Vancouver, BC / TNW-ACCESSWIRE / September 26 2014 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce that its has purchased an additional 10 percent interest in the Bearcat #4 well in Runnels County, Texas, through its wholly owned subsidiary Cardiff Energy (USA) Inc. The Company now holds a 60 percent working interest in the Bearcat #4.

Jack Bal, President of Cardiff Energy states, "We are very pleased that we have been able to purchase this additional interest just prior to completion of the Bearcat 4 well."

The Company anticipates the completion of the Bearcat #4 well on Friday September 26th.

To learn more about the Bearcat #4 well please visit:

http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-20…

About the Company

Cardiff is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. Cardiff is listed on the TSX Venture Exchange under the symbol CRS. For additional details please visit Cardiff's website at www.cardiffenergy.com

For additional information contact:

Jack Bal, President
Cardiff Energy Corp
604-306-5285
[e-mail]

..."

[praesens]

Ich habe gerade richtig Spaß !

Nach Komplettierung der Bohrung erwirbt Cardiff weitere 10 % an der Welle.

Was DAS woll heißen kann ... ?!?!

Gruß, praesens

[praesens]

Heute - spätestens morgen - sollten die flow rates veröffentlicht werden ...
(die news sprach von einem 2-Wochen-Zeitraum, das wäre bis heute).

Gruß, praesens

[praesens]

Wieso erwarte ich eigentlich noch die Einhaltung von Zusagen - ich müßte es doch wirklich besser wissen ...

Gruß, praesens

[praesens]

Die Gerüchte von 2 (anscheinend) unabhängigen Quellen besagen, daß es die Verzögerung gab, weil mehr Säure antransportiert werden mußte - da man offensichtlich die Größe des Reservoirs ... unterschätzt hatte ...

Gruß, praesens

[praesens]

Email von Jack Bal auf Anfrage eines Aktionärs:

"We are nearing the end of completion of the Bearcat well. We had some minor delays due to availability of personnel and contractors in different phases of completion. Texas is in a oil drilling boom and delays are the norm every step of the way. A acid flush to clean the formation is being performed this morning. We may do a secondary flush if required. Next step is to flow the well. We are happy with the drill logs and expect a good well. We are eagerly awaiting flow results."

[praesens]

News !

180 bopd !!


http://www.stockhouse.com/news/press-releases/2014/10/10/car…

Cardiff Energy Corp. progresses towards completion of the Bearcat #4 well
...
Vancouver, BC / TNW-ACCESSWIRE / October 10 2014 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce the progress of the Bearcat #4 well in Ballinger, Texas. Martin Energy, the operator of the Bearcat #4 well reports that it has successfully completed the acid frac on the Gardiner Limestone formation.

Martin Energy also reports the frac consisted of 130 barrels of acid followed by 260 barrels of 2% KCL water penetrating the formation at 2000 pounds pressure at a rate of 5 1/2 barrels per minute. The 5 minute shut in pressure was 1200 pounds, and the 15 minute shut in was 850 pounds. Frac fluid flowed back for approximately 2 hours prior to swabbing. Flow back during swabbing maintained fluid levels at about 800 feet from surface, returning approximately 80 barrels of fluid from flowing and swabbing. Strong gas kicks were encountered during swabbing and flow action was at a rate of 180 barrels per day.

Martin Energy, the operator has ordered an electric meter and has made provisions to install a pump jack to recover the rest of the acid frac fluid and put the well online. Further information on production will be announced when rates stabilize.

There are two additional formations present in the well, the Palo Pinto Lime and the Jennings Sand. Both of these formations are prevalent and productive in the area and will be tested in the Bearcat #4 in the future. Cardiff holds a 60% working interest in the Bearcat #4.

Jack Bal, President of Cardiff states, "We are very encouraged and expect good results after removing all the frac fluid."

Additionally, the Company has granted incentive stock options to certain directors to purchase up to 250,000 common shares under the Company's 10% rolling stock option plan (the "Plan"). The options granted are for a five year period expiring October 10, 2019 at an exercise price of $0.185 per share. This transaction is subject to TSX Venture Exchange approval.

To learn more about the Bearcat #4 well please visit:

http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-20…

..."

[praesens]

Das ist SUPER News !

180 bopd. Ohne Pumpe. 2 weitere Zonen zu testen. Bohrprogramm über 10 weitere Bohrungen. Zusätzlich 8 horizontale Bohrungen ...!!

Gruß, praesens

[praesens]

Die Kursentwicklung heute allerdings ... enttäuschend ...

Gruß, praesens

[praesens]

Nachtrag zum gestrigen Tag:

Ich hatte im stockhouse bullboard die Frage aufgeworfen WARUM der Kurs gestern quasi auf der Stelle getreten ist.
Wie immer, dort wie hier, ernsthaft kritische Nachfragen sind in einem Forum ein no go.
Entweder man ist gefälligst positiv, und zwar grundsätzlich und zu allem was passiert bis zur freiwillig verordneten Ausblendung der Fakten, oder man ist negativ und damit sofort ein basher.

In der news wurde davon gesprochen daß "180 barrel" geflossen seien - nicht 180 Barrel ÖL !

Das wurde mir von immerhin einem poster indirekt bestätigt mit Hinweis auf detailliertere news nächste Woche.
Unberührt davon bleibt Cardiff für mich eine long-Position hinsichtlich des Potentials der Liegenschaft (das ich bereits aufgrund gestriger news als gegeben ansehe) und des Bohrprogramms der nächsten 12 Monate.
Wobei ich hoffe, daß ganz schnell Gardner Limestone horizontal gebohrt wird !!

Im Übrigen: Montag kein Handel an der TSX-V. Thanksgiving Day.

Gruß, praesens

[praesens]

Gerüchteküche:

Die Pumpe soll heute oder morgen am Bohrloch ankommen.

Damit wäre flow rate news morgen, eher wohl Freitag, möglich.

Und der ÖL-/Gasdruck soll sehr hoch sein ...


Gruß,
praesens

[praesens]

Flow rate News.
Heute ? Morgen ...?

Gruß, praesens

[Jon_Schnee]

Antwort auf Beitrag Nr.: 48.083.728 von praesens am 20.10.14 14:24:03

Jack (Jatinder (Jack) Bal) scheint eine "busy" Woche vor sich zu haben

Auch bei CMC Metals erwarte ich News.

[praesens]

CMC kenne ich quasi vom Namen her. Habe mich nicht mit der Fa. beschäftigt.

Was Bal betrifft - ich muß ganz ehrlich sagen ... hätte CRS einen anderen an der Spitze würde ich mich wohlerfühlen. Gleiches gilt für Lorne Torhjelm.

Insofern verfolge ich CRS mit Argusaugen ... soweit ich kann ...

Torhjelm ist mir auch ein Begriff von Upper Canyon Minerals her. Rohrkrepierer. Interessanterweise finden sich auf stockhouse im CRS board positive poster die auch bei Upper Canyon Minerals seinerzeit positive poster waren. Zufall ...?!

Bal und Torhjelm waren davor zusammen bei Journey Resources. Letztlich wurden die Liegenschaften verschleudert, der Name geändert (in Musgrove Minerals) und es gab ein neues Management.

Die beiden scheinen mir ein unheilige Allianz zu sein ...

Gruß, praesens

[praesens]

News.

Nein - nicht die flow rates. Das kann wohl noch bis Montag nächster Woche dauern - siehe news.

http://www.stockhouse.com/news/press-releases/2014/10/21/car…

"Cardiff Energy Corp. Permits 10 Wells

...

Vancouver, BC / TNW-ACCESSSWIRE / October 21 2014 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce a plan of action outlining near term and midterm plans for developing its Oil and Gas assets in Runnels County, Texas.

The recently purchased 468 acre Oil and Gas lease will be the focal point. This lease offsetting our recently drilled Bearcat #4 well has multi zone potential and a number of well bores that will be explored as re-entry prospects. Applying new technology such as horizontal radial drilling to zones not previously produced in the re-entry wells can open up significant reserves and production rates.

Permitting is underway for a combination of new drilling both vertical and horizontal. Ten permits are being applied for with the initial first three wells to be vertical tests through the Gardner Lime. These are planned to be drilled and completed by the end of 2014.

In early 2015 Cardiff plans to begin phase two consisting of a seven well program combining horizontal as well as radial re-entry in existing well bores.

A further update on the completion of the Bearcat #4 well, the pump jack and production equipment is being installed and will be operational on Friday October 24, 2014.

To learn more about the Bearcat #4 well please visit:

http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-20…

..."

[praesens]

Eine Erklärung für die andauernden Verzögerungen - gerüchteweise:

Das in USA ein Ölboom herrscht ist ja bekannt.
Dementsprechend knapp sind diverse Kapazitäten (Bohrtürme, Mannschaften, etc. ...).
Die Arbeiten an Bearcat 4 werden ja nicht von dardiff selbst ausgeführt sondern von dem Partner Martin Energy.
Der könne sich nun also als Öl-Service-Unternehmen vor Aufträgen nicht retten. Cardiffs eine armselige Welle würden also "zwischendurch" gemacht, wenn man neben den größeren Aufträgen mal Zeit habe.

Gruß, praesens

[praesens]

E-Mail von Jack Bal von Freitag (gestern):

"The pump jack will be operational today and the flow rates will get announced once the frac fluid is expelled. Initial flow rates should be available next week.

Thanks,

Jack Bal
President

Cardiff Energy"

[Jon_Schnee]

Antwort auf Beitrag Nr.: 48.132.335 von praesens am 25.10.14 21:09:00

Chart sieht stark auf - ich habe auf eine grössere Konsolidierung gewartet.
Viel aus - an 50 SMA war fertig und Kurs ging wieder ein wenig nach oben

http://stockcharts.com/h-sc/ui?s=CRS.V

schaue mir den Wert mal genauer an

Erfolgsrechnung der letzten 9 Monaten per Juni 2014:
Verlust 79 kCAD kCAD für die letzte 9 Monate (davon 57 kCAD Total Revenue - 136 kCAD Total Expenses)

-------
Aktien Struktur per 30. Juni 14:

27,013,130 Ausgegeben
Options outstanding 300'000
Warrants outstanding 5,707,314
------------
Cash fast auf null - Verbindlichkeiten auch nicht gross vorhanden

[Jon_Schnee]

Antwort auf Beitrag Nr.: 48.135.482 von Jon_Schnee am 26.10.14 18:00:14

Aug 19, 2014

Cardiff Energy Corp. Announces the Closing of its Private Placement


CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce the closing of their fully subscribed six million unit Private Placement previously announced on June the 12, 2014. Each unit is comprised of one common share priced at 5 cents per share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at 7.5 cents for a two year period with an expiry date of August 19, 2016. Participants in this Private Placement will have a 4 month hold period on their securities

neue Aktienstruktur:

27,013,130 Ausgegeben + 6 Millionen
Options outstanding 300'000
Warrants outstanding 5,707,314 + 6 Millionen

Bitte berichtigen wenn falsch!

also ca. 45 Millionen Stück voll verwässert

[praesens]

... ohne es jetzt nachgeprüft zu haben meine ich mich an so ziemlich dieselbe Rechnung zu erinnern ... ;-)

Und der Chart - ja, finde ich auch ganz hübsch.

Gruß, praesens

[praesens]

Oh Mann ...
´
The pump jack is working, still pumping frac fluid. Once in oil, we will do a flow test. ‎Hoping this week. We will know later today."

Also ... nächste Woche ...

Gruß, praesens

[praesens]

2 stockhouse posts:

"Don't shoot me, I'm just the messenger, but I phoned the company and Jack says they're still pumping frac and encountering a lot of gas. He also said news will definitely be this week, hopefully very soon."

"You are correct as I also talked to Jack today and was told the same.
I was also told that as per logs wells in this area have initial flow rates of 150-250 BOD.
Anyone else want to hear it ,call Jack Bal ,President at 604-306-5285"

[praesens]

2 stockhouse Posts:

-

"There is a situation with the high pressure and gas at the well - a positive, as it once again reconfirms the formation of oil below. Due to the gas, they had to slow the well down to avoid air pockets....All this means the oil should flow even better than was anticipated.

Word from the well:

Logs show a hydrocarbon presence in the following formations in the Bearcat #4:

Palo Pinto at 3462 feet
Dog Bend Lime at 3592 feet
Middle Caps Lime at 3754 feet
Jennings Sand at 4080 feet
And then the Gardner Lime

These zones all produced in the immediate area and look good on the logs ..."

-

"The pressure is too high for the pump jack in place, they need a bigger one !"



Wahrheitsgegehalt und "technische Expertise" ohne Gewähr.


Eine andere Quelle teilte mir mit die flow rate werde oberhalb 200 bopd erwartet.


Gruß, praesens

[praesens]

Grauslige News heute. So stellt man sich eine Freitag-News nicht vor:

http://www.stockhouse.com/news/press-releases/2014/11/07/car…" target="_blank" rel="nofollow ugc noopener">
http://www.stockhouse.com/news/press-releases/2014/11/07/car…

"Cardiff Energy Corp. updates on completion of the Bearcat #4 Well

(via Thenewswire.ca)

Vancouver, BC / TNW-ACCESSWIRE / November 7, 2014 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") announces the progress of the Bearcat #4 well testing in Ballinger, Texas. Martin Energy, the operator reports the well has been placed on pump and the initial zone of testing, the Gardner Lime, is unloading approximately 40 barrels of frac fluid per 24 hour period. There is still approximately 90 barrels of frac fluid to recover. Further testing for oil and gas in the Gardner Zone will follow.

As reported in our news release of October 10, 2014, additional formations including the Jennings Sand and the Palo Pinto Lime are present in the well. The operator, Martin Energy has further analysed the well logs and states that, "the Goen Lime, Middle Caps Lime and Dog Bend Lime structures are present in the well and warrant testing". As these formations are tested and their economic value is appraised, Cardiff will inform its shareholders of the results. Cardiff holds a 60% working interest in the Bearcat #4 well.

Cardiff is progressing towards preparations for the three well programs to commence this year on the recently purchased 468 acre oil and gas lease in Runnells County, Texas.

Jack Bal, President of Cardiff states, "We are looking forward to completing the Bearcat #4 well and are very encouraged with the multi-zone opportunity present in this area."

To learn more about the Bearcat #4 well please visit:

http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-20…

..."

[praesens]

Dazu gibt es noch Folgendes zu sagen:

"Talking to thye people who know these things, they thought there was to much acid used and it could cause massive delays. Well it looks like they where right. Just have to wait and see how it goes. It sounds like they are at the point where they should have been a week after the hole was complete."

"The word is that it looks like 160 bpd to 210 bpd, with another perforation within a month (they can't do it right away due to the pressure) driving that number up another 30 to 40 percent...And it looks like there's about 150,000 barrels of oil..."

"They have throttled the pump back to 40 barrels a day because gas coming up the well is causing a gas lock (air lock) at the pump. They've slowed the flow to prevent this."


Es sollte dann auf jeden Fall Montag das restliche frac fluid abgepumpt sein.

Ich frage mich ob die News heute absichtlich so kam wie sie kam - oder ob da Vorsatz dahinter steckt ...

Gruß, praesens

[praesens]

... "absichtlich" oder "Vorsatz", gut -
soll heißen "absichtlich" oder "Dummheit".

Gruß, praesens

[praesens]

Schon mal ein paar Wortmeldungen zum conference call.
Allerdings warte ich noch auf eine komplette Zusammenstellung von Rockford.
Für die richtige Reihenfolge müßt Ihr von unten nach oben lesen ...


"I was on The coference call ... The well is preforming substantially better than they expected. The gas flow is such that it delays the removal of all the frac solution. That is is in a nut shell, acording to a third party report this well will be a huge producer to the tune of 150,000 barrels of oil and a huge gas component added."


"One major thing I got out was that they kept mentioning that there was lots of gardner lime leases still available to CRS, they mentioned it a few times. Keep an eye on this, they are going after more land, no doubt about it."

"Some oïl companies are calling CRS right now to inquire about potential partnership. It seems that Martin Energies are the first in line"

"Sproule Report-2 yrs ago
large oil gas reservers- conventional, horizontal, radial
multi zone
less 5000ft

Gardner Zone
• 26-30 pay zones
• 1500- 4200ft
• We are in sweet spot
• 6-7 more good zones to test
• 4100ft we are in
• 2 acid jobs plus 1 frac.
• Jenning sand is producing around current well, not gardner
• sent to engineer and confirms very strong well
• they are very confident in Runnels county
• Lots of gardner land available to CRS

• Probably have a few more days of pumping, getting lots of case back, very possible to produce this as a gas well, just across the road.
• Logs identical to smelly 2, little higher sub sea, not enough to make different, may have some sea bed contamination, do not know.
• smelly 2 well, started flowing on its own, acted different then other wells in the area.
• wells all unique
• barcat surprise gas pressure is acting like it is, at this stage.
• 300,000 barrels if all zones produced from, more zones the more problems, 2-3 max, let them get depleted before adding more production. Very unusual to have this many zones in one well bore.

Other zones
• testing jenning sand, will most likely be using the radial tech, 300ft out. Will make a phonemail well, used on 20-30yr old well. Was at 2-3 barrels a day now at 30.

Potential
• based on logs, smelly direct offset, 160-220 barrels flow rate not unreasonable, with more gas than smelly.
• Acid job, fluid was not opening up the formation, frac opened up all perfs, only this giving problems is the gas. Acid job was a total success.
• Clean gas, would bring premium price. No danger to well. Flow down pump,
• perf jenning sand while completing gardner
• Hopefully start 2 wells before end of year.
• in the permit plus drilling rigs, farm out process, will make announcement in next couple weeks.
• Next 3 wells at 100%"

"We could be days or weeks before seeing oïl... Gas cap is very heavy and slowing everything down"

"All wells will be horizontally drilled he said"


Bezüglich der oben erwähnten weiteren Akquise(n) soll - ohne Gewähr - ein Reservoir dabei sein, daß das bei der aktuellen Bohrung Bearcat4 um ein Vielfaches übersteigt.


Gruß, praesens

[praesens]

"CRS Conference call – Nov 10/14 8:00 am pst

JB - Jack Bal – Cardiff
LT - Lorne Torhjelm - Cardiff
DM - Dennis Martin – Martin Energies
SH - shareholder questions


JB - introductions

LT - Sproule Report of area – 2 years ago
- large O & G reserves
- tapped by 3 different methods
- multi zone potential
- at less than 5,000 feet
- partnered with Martin Energies for Bearcat #4

DM - re: Balinger area
- 26-36? pay zones
- from surface to 4,200 feet
- Gardner Lime is sweet spot
- 5 -> 6 or more good looking zones
- logs look good
- 2 small acid & 1 frac
- currently getting gas and frac water
- still recovering frac water
- gas lock
- sometimes gas locks cure themselves
- good sands
- Jennings sand is producing in current area
- limestone – generally a good well
- ?Golum Lime? – usually wet
- looks strong – very good well
- middle ?caps? – produced good in area
- ?Golum? lime – there are 2 good wells within 3 miles
- Palo Pinto lime – blankets Runnels County
- 2,000 gal acid -> 5- 20 bbl per day
- ME did ~ 18 wells in 1980’s – 1983 first well
- got out when oil $9 bbl
- did consulting
- DM & son got back in
- Runnels County not heavy in activity
- most activity in ??? area
- lot of area in Runnels County available
- use to drill @ 40 acre spacing now 20 acre spacing good
- dealing with frac fluid
- most from last frac back but not all
- possible few more days of frac fluid
- getting gas back
- possible to produce as a gas well
- gas line close to property
- could be a couple weeks before oil

JB - compare to Smelley #2?

DM - logs look good compared to Smelley #2
- wells can produce gas for some time before oil shows up
- Smelley #2 about 500 gal frac acid
- didn’t get all frac fluid back
- hooked up flow hose & went for supper
- came back and flowed on its own – 240 bbls
- Smelley #2 acted differently than other wells
- every well unique – some can come in on own
- Bearcat #4 gas pressure has pretty good flow

JB - potential reserves?
- 100,000 bbls in zone

*** - phone disconnect @ approx. 22 minutes
- disconnected less than 5 minutes

?? - talked about 3 wells before end of year
- across the highway just off fence line

SH - completing Gardner line formation?
- comingle any other zones?

DM - comingle
- ???? right above Gardner
- Jennings
- above Jennings
- 3 zones producing at same time

SH - can these be opened up by horizontal technology?

DM - do 4 laterals per zone out 300 feet
- will make a phenomenal well

SH - any horizontal wells in the area?

DM - used on old well and went from 1 bbl/day -> 30 bbl/day

SH - any estimates on flow rates to/for benefit shareholders

DM - logs ?similar or better? to Smelley #2
- not unrealistic to produce 160->220/230 bbls
- lots more gas than other wells

SH - timing?
SH - has acid done its job?

DM - yes
- coming back with no restrictions
- problem is with gas
- didn’t get back all acid with 1st two jobs
- acid job total success
- to get all frac fluid back many scenarios
- could be a couple days
- could be good gas cap so 2->3 weeks
- frac job is doing what we want

SH - is this gas a danger to the pump jack?

DM - gas is a very clean gas – burning blue?
- sweet gas -premium
- not dangerous or corrosive

SH - no danger to the well from gas?

DM - no

JB - throttled down pump because of gas to avoid gas lock

DM - yes slowed down pump considerably from maximum

SH - perforate other sands?
- other two wells or waiting until Bearcat #2 producing?

JB - perforate Jennings sand while completing Gardner
- will drill regardless
- we have interested from other companies about participating in drilling

SH - how much does Cardiff own?

JB - Cardiff pretty much owns 100% of next 3 wells
- Martin Energies will have a position
- Cardiff has 60% interest of Bearcat #2

SH - how many barrels expect from well?

DM - 300,000 barrels if all zones produced at same time
- best to produce 2->3 zones at a time to depletion then add more
- unusual to have this many zones
- got lucky as lot more than we were expecting

JB - ending call"

[Jon_Schnee]

Antwort auf Beitrag Nr.: 48.281.257 von praesens am 11.11.14 08:55:08

Hallo praesens

Vielen Dank für all die Infos.
Wie schätz Du die Lage ein. Hast Du einen Meinung über Menge und wie hoch die Kosten pro Barrel sein können?

[praesens]

Hallo Jon_Schnee,

nach meinem Kenntnisstand bewegen sich die Kosten pro gefördertem Barrel Öl im normalen Durchschnittsbereich - heißt also bei ca. 30 $/ Barrel.

Hier ist eine nette Website dazu:
http://www.eia.gov/tools/faqs/faq.cfm?id=367&t=6



Meine allgemeine Einschätzung ist dahin gehend, daß Alles gut ist.
Natürlich mit den Wermutstropfen der aktuellen Situation.
Ich denke das von Anfang an klar war, daß man beim Komplettieren der Welle Fehler gemacht hat.
Das wollte man wohl unter den Tisch kehren und hat die Verzögerungen versucht also "normal" zu verkaufen - was sie ja auch hätten sein können.
Man sah sich aber letzte Woche in Zugzwang eine news herauszugeben (das hatte man definitiv und ganz sicher zugesagt).
Was dabei herauskam haben wir ja Freitag gesehen.
Nebenbei bemerkt mal wieder ein schönes Beispiel, daß die bösen "basher" in den Foren nicht immer nur unsere billigen Aktien wollen - kritische Beobachtung ist immer angesagt.
Das Ganze kann sich jetzt noch einige Tage bis wenige Wochen hinziehen ... grrr ...
Ich vertraue auf die Aussagen von Dennis Martin. Er scheint ein sehr reputierter Mann in der Szene zu sein. Kämen die Aussagen nur von Jack Bal wäre ich besorgter ...


Gruß, praesens

[praesens]

http://www.stockhouse.com/news/press-releases/2014/11/12/car…

"Cardiff Energy Corp. to complete the Jennings Sand and Goen Lime formations in the Bearcat #4 well


V.CRS | 1 hour ago

(via Thenewswire.ca)

Vancouver, BC / TNW-ACCESSWIRE / November 12 2014 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce a further update on the testing of the Bearcat # 4 well in Ballinger, Texas. Martin Energy, operator of the Bearcat # 4 well reports the Gardiner Lime to date has produced a significant amount of gas and given time as the gas cap is depleted, oil should begin to flow as indicated from the logs.

As has been previously reported there are five additional zones that have been identified in the well and logs indicate that testing is warranted. Above the Gardiner Lime lie the Jennings Sand, the Goen Lime, the Middle Caps, and the Dog Bend Lime with the top formation being the Palo Pinto Lime.

A decision has been made to proceed with perforating and testing the two formations immediately above the Gardiner Lime; the Jennings Sand and the Goen Lime. These two formations can be produced along with the Gardiner simultaneously. Dennis Martin of Martin Energy reports the Jennings Sand has produced 50,000 Barrels of Oil and the Goen Lime 100,000 Barrels of Oil cumulatively in the surrounding area. A work-over rig has been contracted and will arrive on Thursday, November 13, 2014. The Jennings Sand and Goen Lime formations will be perforated and co-mingled with production from the Gardner Lime. The entire process should be completed in 7 days and results will be announced. Cardiff owns a 60% working interest in the Bearcat # 4 well.

Jack Bal, President of Cardiff states, "We are very excited to test these two prolific zones in the Bearcat # 4 well. We look forward to receiving the results."

In addition, the company wishes to announce that it has agreed to issue up to 1,750,000 units at $0.15 per unit, with each unit consisting of one common share and one transferable share purchase warrant. One warrant will be exercisable for one additional common share at $0.25 per share during the next two years. The proceeds derived from the placement will be used to complete the Bearcat #4 well and for general working capital. This transaction is subject to TSX Venture Exchange approval.

To learn more about the Bearcat #4 well please visit:

http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-20…

About the Company

..."

[praesens]

... aber vielleicht sollten wir uns nicht auf die 7 Tage versteifen. 8, 9, 10, ...?

Wie ich es interpretiere ab Donnerstag, dem Tag der Ankunft des rigs an.

Und das heißt natürlich nicht, daß nächste Woche alles Gas aus dem Bohrloch entwichen bzw. unter Kontrolle ist. Flow rates können also durchaus noch ein bißchen dauern. Oder auch nicht, weiß man nicht ...

Gruß, praesens

[praesens]

Antwort auf Beitrag Nr.: 48.298.888 von praesens am 12.11.14 15:53:26

Die 2 zusätzlichen Zonen erhöhen natürlich die zu erwartenden flow rates deutlich ...!

Gruß, praesens

[praesens]

... wenn ... das den Tatsachen entspricht ...:

"The Gardner Lime, the original formation, is now capped temporarily to allow for work on the other zones.

They are opening up the other two formations. They went to the Jennings Sand and perforated it last Friday - and did a light acid treatment on Saturday. The well was shut in for 24 hours and then reopened this morning. There is a lot of pressure and they started to log the fluid. There is plenty of gas and oil mixed in with the drill mud. This means now the formation is pushing out and the well has connectivity with the formation.

Tomorrow they will do a more aggressive acid treatment to clean things up even more and to enourage oil to come out of it. They will do an initial flow rate on Wednesday! Note: It has more reserves than the Gardner Lime and will produce longer.

The Goen Lime shows the best on the log and the thinking is it is 100,000 barrels plus when it all comes in. They will perforate it and do an acid treatment Wed / Thurs. The thinking is it could be 250 bpd to 350 bpd initial production (NUR Goen Lime, praesens) . We should have those flow rates by Friday!"


Bei den angegebenen Zeiträumen wäre ich allerdings etwas vorsichtig. Flow test beginnen, durchführen, auswerten, News schreiben, genehmigen lassen, veröffentlichen. Geht nicht Alles von jetzt auf gleich.

Gruß, praesens

[praesens]

Vorbildlich heute ... ich kann mich nicht erinnern in einem so kurzen Zeitraum diese "tree shakings" wie auch heute wieder bei einer Aktie erlebt zu haben ...

News Montag oder Dienstag - flow rates für eine der drei Zonen.

Gruß, praesens

[praesens]

Antwort auf Beitrag Nr.: 48.386.183 von praesens am 21.11.14 22:19:37

Sorry, habe da wohl was in den falschen Hals bekommen:

News im Lauf der Woche (wahrscheinloch Dienstag) ja, aber wohl nicht die flow rates.

Gruß, praesens

[praesens]

Also doch (erste) flow rates - ich sehe schon vor lauter Gerüchten die Küche nicht mehr

http://www.stockhouse.com/news/press-releases/2014/11/25/car…

"Cardiff Energy Corp. announces initial production of the Bearcat #4 well

V.CRS | 1 hour ago

(via Thenewswire.ca)

CARDIFF ENERGY CORP. (the "Company") / TNW-ACCESSWIRE / November 25, 2014 / (TSX-V: "CRS") is pleased to announce initial production from the Bearcat #4 well in Ballinger, Texas. Martin Energy, the operator of the Bearcat #4 well has reported an initial production of 180 BOPD (Barrels of Oil per day) and 250,000 Cubic Feet of Gas (250 MCF).

There are two additional formations in the well to be tested at a future date, the Middle Caps and Dog Bend Lime. Most of the Gas was tested from the Gardner formation. Logs indicate Oil is also present in the Gardner Lime formation. It is believed this zone may have been contaminated during the drilling and cementing phase. Martin Energy and Cardiff Energy are in the process of evaluating the timing and impact of a Horizontal Radial Drilling test on the Gardner formation penetrating any contamination to bring on-stream the Oil we believe is trapped.

Jack Bal, President of Cardiff Energy states, "We are very encouraged by the strong initial production of the Bearcat #4 well and expect increased production once the Gardner formation is brought on-line. Plans are underway to commence drilling 3 additional wells by the end of 2014. We are excited by the multi-zone potential in the Ballinger area."

..."

[praesens]

Antwort auf Beitrag Nr.: 48.409.193 von praesens am 25.11.14 15:45:44

Was eine unfaßbar mies geschriebene News !

Wer sich nicht schon vorher mit Cardiff befaßt hat braucht erst mal ´nen Erklärbär - AMATEURE ...!

Gruß, praesens

[praesens]

Die heute vermeldeten 180 bopd zzgl. der Gasförderung ergeben ca. 220 BOE (Barrel of oil equivalent).
davon 60 % an CRS = 132 BOE.
Bei 75 $ Ölpreis, 32 $ Kosten / Barrel, bleiben 43 $ Gewinn / Barrel.
Das mal die 132 BOE macht 5.676 $ / Tag.
Mal 365 Tage = gut 2 Millionen Gewinn / Jahr (korrekter wohl: Deckungsbeitrag).
KGV ?:
10 = 22 mio Marketcap = Kurs gut 0,60 $
15 = 33 mio marketcap = Kurs knapp 1 $

Und mit den flow rates der zweiten Zone ?
Mit der flow rate von Gardner Lime
Mit den flow rates der drei noch in 2014 zu beginnenden Bohrungen ?
...


Ab jetzt sollte ein stetiger newsflow einsetzen:

- flow rate der zweiten Bearcat4 Zone
- horizontal Drilling Gardner Lime
- Beginn 3 weiterer Bohrungen noch dieses Jahr
- weitere property-Zukäufe `?


Gruß, praesens

[praesens]

Um das posting von gestern fortzusetzen :

Neben
den flow rates der zweiten Zone,
dem Gardner horizontal Drilling,
den drei noch in 2014 startenden Bohrungen

sind ja auch verlautbart
weitere 7 (vertikale) Bohrungen für 2015
und (bis zu) 8 horizontale in 2015.

Von eventuellen weiteren Zukäufen abgesehen ...


Punkt ist,
daß das Risiko hier nach der gestrigen news weitestgehendst raus ist bei ca. 3,6 Millionen Umsatz / Jahr !! (Ölpreis 75 $, 132 BOE)
UND
daß unglaublich viel geplant ist, also ein enormes Steigerungspotential besteht.


Gruß, praesens

[praesens]

Antwort auf Beitrag Nr.: 48.418.632 von praesens am 26.11.14 12:46:25

...
- (so gut wie) keine Schulden
- aktuell nur gut 7 mio marketcap.
- geringe Anzahl ausgegebener Aktien
...

Gruß, praesens

[praesens]

... Öl jetzt unter 68 $ ...

[praesens]

http://www.stockhouse.com/news/press-releases/2014/12/08/car…

Cardiff Energy Corp. and Archer Petroleum Corp. sign LOI on Participation Agreement

(via Thenewswire.ca)

Vancouver, BC / TNW-ACCESSWIRE / December 8, 2014 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce an LOI with Archer Petroleum Corp. ("Archer") where Archer intends to form a Participation Agreement on a 3 well drill program in Ballinger, Texas USA. Archer will fund 33% of the cost on the next 3 wells to earn a 25% working interest in each well. The wells will be drilled within the next 60 days. A definitive agreement will be finalized by December 15, 2014.

Management of Cardiff Energy will be in Ballinger Texas on Wednesday December 11, 2014 and will work towards arranging the first 3 drill locations for the upcoming drill program. Management will also assess the completion of the Bearcat #4 well. The Gardner formation will be evaluated for a Horizontal Radial entry to free up hydrocarbons identified in the logs.

Jack Bal, President of Cardiff Energy states, "We are pleased Archer Petroleum Corp. is eager to participate in the next 3 wells. We look forward to commencing this next phase of our development."

To learn more about the Bearcat #4 well please visit:
http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-20…" target="_blank" rel="nofollow ugc noopener">
http://www.cardiffenergy.com/i/pdf/reports/BEARCAT-4-July-20…

About the Company

Cardiff is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. Cardiff is listed on the TSX Venture Exchange under the symbol CRS. For additional details please visit Cardiff's website at www.cardiffenergy.com

For additional information contact:

Jack Bal, President
Cardiff Energy Corp
604-306-5285
[e-mail]

..."

[praesens]

Ein stockhouse post:

"Hi all,

Here's some notes from my conversation with Jack.

1) He will be in TX tomorrow to meet with parties interested in collaborating/sharing costs in another 4 wells (beyond the Archer deal)
2) After that there's 3 wells (workovers) that they will do themselves (radial treatments).
3) Based on engineering reports on the current lease there are still another 6-8 wells that could be targeted.
4) In the past wells were only allowed on 40 acre spacings - it has been determined that most of these only drained ~ 8 acres so there is likely an opportunity to follow up on this.
5) Will be making a decision this week on how to proceed with Bearcat/Gardiner Lime.
6) Worst case scenario (based on current Bearcat production (without Gardiner) and revenue from another well producing 25 bpd) is that they will pull in $100-200 k per month depending on oil prices. This is a wide range but the point is they are currently making money and my calculations say this number is low. You can do the math.
7) CRS has a number of high level investors that hold in the range of 1-1.5 mil shares and they are standing firm and holding long. Jack is still very excited about the future of CRS,

Current oil price (as we know) will slow down shale production as well as oilsands giving CRS an edge as they can put out oil at such a low price per barrel. Obviously long term it would benefit CRS and others if the price goes up.

NRs (as mentioned before) and in no particular order:

1) News on Gardiner Lime
2) News on joint ventures being discussed this week (this may be the next NR in my opinion but I could be wrong)
3) News on new lease acquisition(s)

He will be sending me an email with a report (done 3-4 years ago I believe) on the current lease which I can share. I also asked him to provide more precise netback figures.

I'm simply quoting from the horse's mouth so use this as you wish. Hope it helps. Cheers!"

[praesens]

Kurz meine ganz persönliche Einschätzung:

TSX-V auf Rekordtief,
Öl auf dem Weg runter auf 60 $ (laut einem saudischen Kommentar könne Öl auf 60 $ gehen - also können wir davon ausgehen daß es das auch tun wird - kurzfristig vielleicht auch noch ein bißchen tiefer),
heißt ein TSX-V Öl Pennystock ... geht auch runter.

Fundamental halte ich CRS nach wie vor für einen super aussichtsreichen Wert und werde die aktuelle Situation aussitzen.

Gruß, praesens

[praesens]

http://www.stockhouse.com/news/press-releases/2015/01/13/car…

"Cardiff Energy Corp. Announces Plans to Drill a Horizontal Well in Runnels County Texas

V.CRS | 8 hours ago

(via Thenewswire.ca)

Vancouver, BC / TNW-ACCESSWIRE / January 13, 2015 / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce it is planning to drill a horizontal well on its lease in Runnels Country Texas, to test the Gardiner Lime. The Gardiner Lime is a fractured limestone which is approximately 15 feet thick and comparable geologically to another major field in Texas called the Austin Chalk. The Austin Chalk has had a number of successful horizontal wells, of which some of the more prolific wells have had initial production of 1500 barrels of oil per day (BL/day). Martin Energies the Operator states, "The key to determining where to drill a horizontal well is to know where decent production has happened historically in older vertical wells." Martin Energies has drilled a number of Gardiner Lime vertical wells in the early 1980s in Runnels County, Texas and a number of these wells initially produced between 180-240 BL/day. By drilling a horizontal leg in this area the results could be the equivalent production of 5-7 vertical wells. With this in mind, the Company has decided to focus its current activity on drilling this horizontal well and will not be proceeding with the 3 well vertical drilling program previously announced.

An important feature of drilling in the Gardiner Lime is that it is a naturally fractured limestone and will not require a costly hydraulic fracture treatment. It is anticipated that drilling will commence in 30 days and the well will be drilled to a depth of approximately 4100 feet with a horizontal leg of 1000 feet.

The cost of this well is estimated to be $1,300,000. Cardiff is actively negotiating with joint venture partners to participate in this well. Partners will pay 1/3 of the cost to earn 1/4 of the working interest; with a maximum of 50% working interest available for joint venture partners. Martin Energies, the Operator has committed to participate in the well based on the same terms and will fund 1/3 of the cost to earn a 25% working interest. The Company expects to announce the remaining 25% working interest funding shortly.

Jack Bal, President of Cardiff Energy states, "We are developing a strategy to provide maximum benefit to Cardiff Energy and it's shareholders in this low price oil environment. Cost for horizontal drilling has come down drastically in the last 3 months and will allow us to do a horizontal test of the Gardner Lime at a very competitive cost. "

About the Company

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/02/03/car…

"Cardiff Energy Corp. Signs Definitive Agreement with JV Partners to Drill a Horizontal Well in Runnels County Texas

(via Thenewswire.ca)

CARDIFF ENERGY CORP. / TheNewswire / (the "Company") (TSX-V: "CRS") is pleased to announce that it has signed Definitive Participation Agreements with Martin Energies, the Operator, and Archer Petroleum to participate in the drilling of the Clayton # 1H, a Horizontal Well. This well will target the Gardiner Lime on the Company's 468 Acre lease in Runnels County, Texas.

It is anticipated that drilling of the Clayton # 1H will commence March 15, 2015. The permit for the well will allow the well to be drilled to a depth of approximately 4100 feet with a horizontal leg of up to 3500 feet. The Company's joint venture partners will fund 2/3 of the cost of the Clayton #1H to earn a 50 % working interest. The estimated cost to drill and complete the Clayton # 1H is $1,300,000.

The Gardiner Lime has very similar features to another major field in Texas called the Austin Chalk. Both formations produce from fractured limestone. Initial production of 1500 BOPD has been reported in Austin Chalk from horizontal wells. The Clayton #1H well, will be the first Gardiner horizontal drilled in Runnels County, Texas.

Martin Energies, the Operator states, "To be a part of this project means being in on the ground floor of a major discovery. By drilling one horizontal well the results could be the equivalent production of 5-7 vertical wells."

Jack Bal, President of Cardiff Energy states, "We are pleased to have secured the funding to drill the Clayton
# 1H and we are looking forward to commencing drilling in March 2015"

To learn more about Cardiff Energy please visit:

www.cardiffenergy.com

About the Company

..."

[praesens]

http://rt.com/business/226363-oil-price-recover-soon/

Oil can recover to $200 if supply dries up – OPEC head

Published time: January 26, 2015 16:11

​"Oil can recover to $200 if supply dries up – OPEC head
Published time: January 26, 2015 16:11
Edited time: January 27, 2015 13:36

World oil prices have reached the bottom and will soon bounce back, said OPEC Secretary General Abdullah el-Badri, adding that they can go as high as $200 a barrel if lower investment erodes supply.

"Now the prices are around $45-$55 and I think maybe they reached the bottom and will see some rebound very soon," Badri is quoted by Reuters.

At the same time, he once again said that the current decline in investment could cause a significant energy shortage in the future and therefore a price rise.

"Suppose we cut production, and then we'll have spare capacity," he said. "Producers when they have excess capacity they will not invest.”

He added that the lack of investment can lead to a shortage of supply in about 3-4 years, which in turn can lead to a repetition of 2008, when prices rose rapidly.

"Maybe we will go to $200 if there is a real shortage of supply because of the lack of investment," he said, not specifying the time frame.

Talking about possible changes in OPEC policy, Badri said the cartel needs four to five months to make a decision on its future course, as time is needed to see how the market will behave.

..."

[praesens]

Na, wenn der OPEC Generalsekretär sagt der Ölpreis habe seinen Boden bei 45 - 55 $ gefunden ... ;-)

Gruß, praesens

[praesens]

Öl hat sich über die 60 $ gearbeitet ...

Gruß, praesens

[praesens]

3 Wochen bis zum Bohrbegin der horizontalen Bohrung.

Hoffentlich spielt auch der Ölpreis mit ...

Gruß, praesens

[praesens]

... aus der Lethargie erwacht ...

Gruß, praesens

[praesens]

http://www.stockhouse.com/news/press-releases/2015/03/02/car…

"Cardiff Energy Corp. Grants Incentive Stock Options

March 2, 2015 / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") announces that it has granted incentive stock options to certain directors, officers and consultants to purchase up to 1,000,000 common shares under the Company's 10% rolling stock option plan (the "Plan"). The options granted are for a five year period expiring March 2, 2020 at an exercise price of $0.08 per share. This transaction is subject to TSX Venture Exchange approval.

..."

[praesens]

Weiter geht´s:

http://www.stockhouse.com/news/press-releases/2015/05/28/pre…

Preparations to drill the Horizontal Clayton # 1H Well In Runnels County, Texas Are Now Under Way

...

Vancouver, BC / TheNewswire / May 28 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS") is pleased to announce that site preparations for drilling of the Clayton # 1H including pad construction and digging of pits are being completed to allow the rig to move in and commence drilling. With the site preparations underway the estimated drilling date of the Clayton # 1H is June 15, 2015.

The Clayton # 1H will target the Gardner Lime. The Gardner Lime is a fractured limestone which is approximately 15 feet thick and comparable geologically to another major field in Texas called the Austin Chalk. The Austin Chalk has had a number of successful horizontal wells, of which some of the more prolific wells have had initial production of 1500 barrels of oil per day (BL/day). The Clayton # 1H will be drilled to a depth of approximately 4100 feet with a horizontal leg of up to 3500 feet. A frac is not required as the oil will flow through the limestone fractures. This will allow the Company to avoid the expensive frac process to release oil from the ground; with the potential for oil production being attained at a lower cost than average producers.

The Clayton # 1H is a joint venture between the Company, (who will take 2/3) and Martin Energies, the Operator, (who will take 1/3). The Clayton # 1H will be drilled adjacent to the Bearcat #4. Martin Energies, the Operator states, "To be part of this project means being in on the ground floor of a major discovery. By drilling one horizontal well the results could be the equivalent of 5-7 vertical wells".

In addition, it has been determined that the Bearcat #4 is capable of producing more natural gas than was expected. Therefore, management has decided to tie both the Clayton #1H and the Bearcat #4 gas production together at completion. Currently the Bearcat # 4 is on minimal production to retain gas reserves until the pipeline connection can be made.

To learn more about the Company and the planned drilling of the Clayton # 1H horizontal well please visit:

http://www.cardiffenergy.com/i/pdf/Runnels-County-Texas.pdf

..."

[raphel]

Heute von Rockstone

http://www.rockstone-research.com/images/PDF/Cardiff1de.pdf?…

[Redstar14]

ist rocksone seriös?

[jamaika2]

Wow scheint eine unentdeckte Perle zu sein

[jamaika2]

Antwort auf Beitrag Nr.: 49.932.639 von raphel am 08.06.15 15:06:05

Hier scheint ja richtig was anzustehen - eine Neubewertung ist wohl unumgänglich

[jamaika2]

Antwort auf Beitrag Nr.: 49.935.471 von Redstar14 am 08.06.15 20:07:34

Ab morgen soll Bohrbeginn sein - habt ihr das gelesen ?

[jamaika2]

Antwort auf Beitrag Nr.: 49.221.521 von praesens am 02.03.15 22:33:38

Bei der MK würde es mich nicht wundern wenn die bald über 1 CAD steht

[jamaika2]

Antwort auf Beitrag Nr.: 48.283.120 von Jon_Schnee am 11.11.14 10:56:25

News sind raus - habt ihrs mit bekommen ?

[jamaika2]

Cardiff Energy Corp.: Bohrstart der Clayton #1H

Horizontal-Förderquelle in Texas beginnt innerhalb von 24 Stunden

15.06.2015 / 10:28

---------------------------------------------------------------------

15. Juni 2015

Bohrstart der Clayton #1H Horizontal-Förderquelle in Texas beginnt

innerhalb von 24 Stunden

CARDIFF ENERGY CORP. (das "Unternehmen"; TSX-V: CRS; Frankfurt WKN: A119FM;

Kürzel: C2Z) gibt bekannt, dass das Bohrgerät für die Clayton # 1H

Horizontalförderquelle in Runnels County, Texas (USA) angekommen ist. Die

Bohransatzpunkte ("location pits") sind fertiggestellt und der

Oberflächen-Rohrstrang ("surface casing") ist bereit. Das Unternehmen

erwartet den Start der Bohrung binnen 24 Stunden.

Clayton # 1H hat den Gardner Lime zum Ziel. Der Gardner Lime ist ein

brüchiger Kalkstein ("fractured limestone"), der eine Mächtigkeit von 15

Feet [4,57 Meter] hat und geologisch vergleichbar ist mit einem anderen

grossen Ölfeld in Texas, das Austin Chalk genannt wird. Der Austin Chalk

konnte bereits eine Vielzahl von Horizontalförderquellen in Betrieb nehmen,

von denen die erfolgreichsten Förderquellen anfängliche Produktionsraten

von 1500 Barrel Öl pro Tag ("BL/day") hatten. Clayton # 1H wird bis in eine

Tiefe von etwa 4100 Feet [1250 Meter] mit horizontalen Füssen von bis zu

3500 Feet [1067 Meter] gebohrt. Ein Aufbrechen des Gesteins ("frac") ist

nicht nötig, weil das Öl durch den brüchigen Kalkstein fliessen wird. Dies

wird es dem Unternehmen ermöglichen, kostspielige Frac-Prozesse zur

Ölfreisetzung zu vermeiden; mit dem Potential einer Ölproduktion, die mit

geringeren Kosten als durchschnittliche Produzenten erreicht wird.

Clayton # 1H ist ein Joint Venture zwischen dem Unternehmen (das 2/3

bekommt) und Martin Energies, dem Projektbetreiber (der 1/3 bekommt).

Clayton # 1H wird neben Bearcat #4 gebohrt. Martin Energies kommentierte:

"Aufgrund dem Rückgang an Bohraktivitäten mit tiefgehenden

Horizontalbohrungen in der Midland Gegend sind nun einige der Top-Experten

aus dem Bereich der Horizontalbohrung zum Teil des Teams geworden."

Darüberhinaus ist das Unternehmen erfreut bekanntzugeben, dass alle 7

Millionen Einheiten der Privatplatzierung, die am 2. Juni 2015 angekündigt

war, gezeichnet wurden und nun an die TSX-Börse gehen zur Genehmigung. Jede

Einheit besteht aus einer gewöhnlichen Aktie ("common share") zu $0,15 und

einem übertragbaren Aktienkauf-Warrant. Der Warrant wird ausübbar sein für

jede zusätzliche Aktie zu $0,20 pro Aktie während dem ersten Jahr und $0,30

pro Aktie während dem zweiten Jahr. Die Einnahmen aus der Platzierung der

insgesamt 7 Millionen Einheiten werden für die Bohrung und Fertigstellung

der Clayton # 1H Förderquelle und allgemeinen Betriebskapitalzwecken

verwendet.

Um mehr über das Unternehmen und der geblanten Clayton #1H

Horizontalförderquelle zu erfahren, besuchen Sie bitte die folgende

Unternehmenswebseite:

http://www.cardiffenergy.com/i/pdf/Runnels-County-Texas.pdf

Über das Unternehmen:

Cardiff ist ein aufstrebendes Junior Öl- und Gas-Unternehmen mit Fokus auf

die Akquisition, Exploration, Entwicklung und Produktion von Öl- und

Gas-Grundstücken. Cardiff ist börsennotiert an der TSX Venture unter dem

Symbol CRS und in Frankfurt unter dem Kürzel C2Z (WKN: A119FM; ISIN:

CA14146A1030).

Kontakt:

Jack Bal, Präsident

Cardiff Energy Corp.

[phone]

[e-mail]

www.cardiffenergy.com

IM NAMEN DES AUFSICHTSRAT

"Lorne Torhjelm"

Lorne Torhjelm, Chief Executive Officer (Geschäftsführer)

[phone]

[jamaika2]

News schlägt voll ein - schön im Plus

[jamaika2]

[jamaika2]

Cardiff Energy Corp.
Start der Öl & Gas Horizontalbohrung in Texas

Gastautor: Stephan Bogner | 15.06.2015, 11:17 | 141 Aufrufe

Cardiff Energy Corp. gab heute in einer Pressemitteilung bekannt, dass das Bohrgerät für die Clayton #1H Horizontalförderquelle planmässig vor Ort angekommen ist und die Bohrung innerhalb von 24 Stunden beginnt. Zudem wurde bekannt, dass die zuvor angekündigte Privatplatzierung i.H.v. 1 Mio. CAD vollständig abgeschlossen wurde, sodass Cardiff für die Bohrung und Inbetriebnahme der Öl- & Gasquelle ausreichend finanziert ist. Erste Informationen über den Verlauf der Bohrung werden in den nächsten Tagen erwartet.

[jamaika2]

Gerade fetter Kauf in Stgt

[praesens]

Bitte nicht falsch verstehen habe ja schließlich den Thread gestartet und bin von der Aktie voll überzeugt.
Aber in Erwartung eben dieser news ist der Kurs extremst gestiegen.
Von daher erwarte ich während der laufenden Bohrung eher eine gewisse Konsolidierung. Was nicht heißen soll, daß ich mich auch irren könnte ...

Gruß, praesens

[jamaika2]

Antwort auf Beitrag Nr.: 49.977.429 von praesens am 15.06.15 17:02:25

Am 9. Juni schrieb Chris Vermeulen auf Oilprice.com den Artikel “Time to move capital into next bull market“, indem auch Cardiff Energy erwähnt wurde. Kal Kotecha vom Juniorgoldreport.com schrieb im Juni ebenfalls einen Report über das Unternehmen. Laut Erstanalyse vom 8. Juni “Opportune Zeit für Öl- & Gas-Aktien: Cardiff Energy und die Gunst der Stunde einer Horizontalbohrung in Texas“:

“Das Hauptziel der Clayton #1H Horizontalbohrung ist die Gardner Lime Gesteinsschicht, wobei auf dem Weg dorthin mindestens 14 verschiedene Zonen durchbohrt werden, aus denen in der Vergangenheit ebenfalls Kohlenwasserstoffe produziert wurden.

[praesens]

Antwort auf Beitrag Nr.: 49.978.923 von jamaika2 am 15.06.15 21:04:45

Ja, die CRS Promo-Kampagne startete im Vorfeld des Bohrbegins.

Nichtsdestotrotz sollte die Bohrung aufgrund der historischen Fakten der property ein echter Erfolg werden !

Gruß, praesens

[jamaika2]

Antwort auf Beitrag Nr.: 49.979.055 von praesens am 15.06.15 21:36:52

Die noch vorhandenen Öl-Reserven in den 5 produktivsten Schichten werden wie folgt geschätzt:

[jamaika2]

In Anbetracht der in Kürze wohl abgeschlossenen Privatplatzierung, dem bereits begonnenen Bau der Clayton #1H Horizontalförderquelle, dem geplanten Bohrstart am Montag ... und der momentanen Marktkapitalisierung von 5 Mio. Euro, erscheint Cardiff bestens positioniert für beträchtliches Wachstum (bis zu 1,3 Mio. Barrel Öl, die derzeit einen Marktwert von rund 80 Mio. USD haben). Weniger spekulativ orientierte Anleger dürften nach erfolgreichem Abschluss der Clayton #1H Bohrung und Bekanntgabe erster Förderquoten einsteigen (ca. 3-4 Wochen nach Bohrstart). Alsdann wird eine Marktbewertung von mindestens 20 Mio. EUR erwartet.

[jamaika2]

Am 4. September 2014 wurde der Bohrstart einer vertikalen Quelle (Bearcat #4) in Runnel Countys Stadt Ballinger bekanntgegeben. Am 17. September 2014 wurde die Bohrung erfolgreich abgeschlossen. Wie am Chart verfolgt werden kann, stieg die Aktie zwischen Juli und September um etwa 480% an. Die anfängliche Förderrate von Bearcat #4 betrug 180 Barrel Öl pro Tag aus der Palo Pinto Gesteinsschicht und 250.000 Kubik- fuss Erdgas aus der Gardner Lime Schicht. 180 Barrel Öl haben beim aktuellen Ölpreis von 60 USD/Barrel einen Wert von 10.800 USD/Tag (324.000 USD/Mon- at bzw. 3,9 Mio. USD/Jahr). 1.000 Kubikfuss (1 MCF) Erdgas haben aktuell einen Wert von 3 USD (250 MCF = 750 USD).

[jamaika2]

Die Gunst der Stunde einer horizontalen Öl- & Gas-Bohrung



Das kanadische Öl und Gas Unternehmen Cardiff Energy Corp. gab am Montag in einer Pressemitteilung bekannt, dass das Bohrgerät für eine Horizontal-Förderquelle in Texas/USA planmässig angekommen ist und die Bohrung mittlerweile begonnen hat. Obwohl die Aktie bereits stark angestiegen ist (230% in 4 Wochen), beträgt die Marktkapitalisierung aktuell 6 Mio. EUR. Sollte die Bohrung erfolgreich verlaufen, so wäre eine Marktbewertung von mehr als 20 Mio. EUR nicht abwegig.

[jamaika2]

Im September 2014 bohrte Cardiff eine vertikale Förderquelle (Bearcat #4) auf dem gleichen Grundstück. Die anfängliche Förderrate von Bearcat #4 betrug 180 Barrel Öl pro Tag aus der Palo Pinto Gesteinsschicht, die beim aktuellen Ölpreis von 60 USD/Barrel einen Wert von 10.800 USD/Tag (324.000 USD/Monat bzw. 3,9 Mio. USD/Jahr) haben.

[jamaika2]

Im Mai 2015 gab Cardiff bekannt, dass die Vorbereitungen für eine horizontale Förderquelle (Clayton #1H) begonnen haben und der Bohrstart am 15. Juni erwartet wird. Am Montag gab Cardiff den Bohrstart bekannt.

In einer Pressemitteilung gab Martin Energies LLC, der Betreiber des Projekts (25% Projektanteil; 75% Cardiff) den folgenden Kommentar:

“Eine Horizontalbohrung könnte genauso viel produzieren wie 5-7 Vertikalbohrungen.”

[jamaika2]

Die noch vorhandenen Öl-Reserven in den 5 produktivsten Schichten werden wie folgt kalkuliert:

[jamaika2]

Da die vertikale Förderquelle Bearcat #4 durchschnittlich 180 Barrel pro Tag an die Erdoberfläche beförderte, so sollte die horizontale Förderquelle nach Aussagen des Betreibers 5- 7 mal mehr produzieren, also anstatt 5.400 Barrel/Monat etwa 27.000-37.800 Barrel/Monat, wodurch sich Einnahmen von 1,6-2,3 Mio. USD/Monat generieren lassen würden.

[jamaika2]

Die Produktionskosten werden auf weniger als 10 USD/Barrel geschätzt, da ein Pipeline-System in der Nähe vorhanden ist und ein kostspieliges Fracking der öltragenden Gesteinsschichten nicht notwendig ist (der Gardner Lime ist bereits ein brüchiger Kalkstein, wodurch Öl und Gas leicht fliessen kann).

[jamaika2]

Darüber hinaus sind die Bohrkosten während den letzten Monaten ähnlich stark gefallen wie der Ölpreis, wobei in der letzten Pressemitteilung auch bekannt wurde, dass die Top-Experten aus dem Bereich Horizontalbohrung seit Montag zum Bohrteam gehören.

[jamaika2]

Am Montag wurde ebenfalls bekannt, dass die zuvor angekündigte Finanzierung über 1 Mio. CAD erfolgreich abgeschlossen wurde (Cardiff muss für seinen 75% Projektanteil etwa 870.000 USD bezahlen). Somit ist Cardiff ausreichend finanziert, um die Bohrung in 3-4 Wochen abzuschliessen und an das Pipeline-Netz anzuschliessen.

[jamaika2]

[jamaika2]

Das Hauptziel der Clayton #1H Horizontalbohrung ist die Gardner Lime Gesteinsschicht, wobei auf dem Weg dorthin mindestens 14 verschiedene Zonen durchbohrt werden, aus denen in der Vergangenheit bereits Öl und Gas produziert wurden.

[jamaika2]

Wie eingangs erwähnt förderte Bearcat #4 180 Barrel/Tag aus der Palo Pinto Schicht, was nach Angaben des Unternehmens nur ein sekundäres Ziel ist, weil in der Gardner Lime Schicht fast doppelt so viel Öl vemutet wird und somit als primäres Ziel ausgemacht wurde.

[jamaika2]

In Anbetracht der bereits begonnen Bohrung und der geplanten Fertigstellung in 3-4 Wochen erscheint Cardiff auch bei einer Marktkapitalisierung von aktuell 6 Mio. EUR als günstig bewertet, sofern die Bohrung und die Ergiebigkeit der Clayton #1H Förderquelle erfolgreich verläuft. Typischerweise investieren weniger spekulativ orientierte Anleger erst nach der Fertigstellung und Bekanntgabe erster Förderraten. Da die Cardiff Aktie erst seit wenigen Wochen in Deutschland handelbar ist, die Umsätze gering und die Handelsspannen hoch sind, wäre es empfehlenswert, die Aktie vorerst zu beobachten.

[jamaika2]

Börsengelistete Junior Öl und Gas Produzenten, die mehrere Horizontalförderquellen in Betrieb haben, geniessen Marktbewertungen jenseits der 100 Mio. Dollar Marke. Da Cardiff plant, mehrere Horizontalquellen in Betrieb zu nehmen, bleibt abzuwarten, wie erfolgreich die erste Inbetriebnahme überhaupt verläuft. Allerdings gilt zu beachten: Je erfolgreicher die jetzige Bohrung ausfällt, desto höher auch die Börsenbewertung und folglich auch die Erwartungen für weitere Horizontalbohrungen und Inbetriebnahmen. Laut Management hat die Gardner Lime Ölschicht geologische Ähnlichkeiten mit einem anderen grossen Ölfeld in Texas: Die Austin Chalk Schicht, wo zahlreiche Horizontalquellen in Betrieb sind. Die erfolgreichsten Quellen zeigten dort anfängliche Produktionsraten von 1500 Barrel pro Tag, womit sich Einnahmen von 2,7 Mio. USD pro Monat generieren lassen (32 Mio. USD/Jahr). Auch wenn Clayton #1H nur 500 Barrel/Tag schaffen sollte, wäre dies ein grosser Erfolg. Cardiff könnte den gewonnen Cashflow nutzen, um weitere Horizontalquellen in die Produktion zu bringen, sei es auf dem gleichen Grundstück oder auf neu akquirierten Feldern.

[jamaika2]

In Anbetracht der in Kürze wohl abgeschlossenen Privatplatzierung, dem bereits begonnenen Bau der Clayton #1H Horizontalförderquelle, dem geplanten Bohrstart am Montag ... und der momentanen Marktkapitalisierung von 5 Mio. Euro, erscheint Cardiff bestens positioniert für beträchtliches Wachstum (bis zu 1,3 Mio. Barrel Öl, die derzeit einen Marktwert von rund 80 Mio. USD haben). Weniger spekulativ orientierte Anleger dürften nach erfolgreichem Abschluss der Clayton #1H Bohrung und Bekanntgabe erster Förderquoten einsteigen (ca. 3-4 Wochen nach Bohrstart). Alsdann wird eine Marktbewertung von mindestens 20 Mio. EUR erwartet.

[jamaika2]

Börsengelistete Junior Öl und Gas Produzenten, die mehrere Horizontalförderquellen in Betrieb haben, geniessen Marktbewertungen jenseits der 100 Mio. Dollar Marke. Da Cardiff plant, mehrere Horizontalquellen in Betrieb zu nehmen, bleibt abzuwarten, wie erfolgreich die erste Inbetriebnahme überhaupt verläuft. Allerdings gilt zu beachten: Je erfolgreicher die jetzige Bohrung ausfällt, desto höher auch die Börsenbewertung und folglich auch die Erwartungen für weitere Horizontalbohrungen und Inbetriebnahmen. Laut Management hat die Gardner Lime Ölschicht geologische Ähnlichkeiten mit einem anderen grossen Ölfeld in Texas: Die Austin Chalk Schicht, wo zahlreiche Horizontalquellen in Betrieb sind. Die erfolgreichsten Quellen zeigten dort anfängliche Produktionsraten von 1500 Barrel pro Tag, womit sich Einnahmen von 2,7 Mio. USD pro Monat generieren lassen (32 Mio. USD/Jahr). Auch wenn Clayton #1H nur 500 Barrel/Tag schaffen sollte, wäre dies ein grosser Erfolg. Cardiff könnte den gewonnen Cashflow nutzen, um weitere Horizontalquellen in die Produktion zu bringen, sei es auf dem gleichen Grundstück oder auf neu akquirierten Feldern.

[praesens]

Schöne Insiderkäufe:

https://www.canadianinsider.com/company?ticker=CRS

[praesens]

Gerüchtehalber könnte die Bohrung am kommenden Wochenende fertig sein ...

Gruß, praesens

[praesens]

http://www.stockhouse.com/news/press-releases/2015/07/06/car…

"Cardiff Energy Corp. Announces the Addition Of a Senior Oil and Gas Executive

V.CRS | 40 minutes ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / July 6 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to welcome Derek Stonehouse as VP Exploration and as a Director. Mr. Stonehouse has over 20 years' experience in the oil and gas industry. As a geological consultant for Northern Blizzard Resources, Mr. Stonehouse identified and drilled over 140 horizontal wells increasing his pool from 1000 bbls/d to 4000 bbls/d. Mr. Stonehouse has contributed to many public and private companies such as Dejour Energy, Storm Resources, Dunvegan Energy and Equitorial Energy.

The President of the Company and the newly appointed VP Exploration are heading to Texas this week to visit the Company's current drill program, evaluate new lease opportunities under negotiation and to design and select the next horizontal well location in Runnels, County.

Jack Bal, President of Cardiff Energy Corp., states "We are very happy to have Mr. Stonehouse join our team. Mr. Stonehouse will work closely with management to maximise the exploitation of our existing and future leases in Runnels County, Texas"

The Company anticipates the completion of drilling of the Clayton #1H well in 1 week and an initial production test 7 to 10 days thereafter.

Furthermore, the Company would like to announce the retirement of Dennis Stewart as VP Exploration and Director and thank him for his contributions.

To learn more about the Company and the drilling of the Clayton #1H horizontal well please visit:

http://www.cardiffenergy.com/i/pdf/Runnels-County-Texas.pdf

About the Company

Cardiff is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. Cardiff is listed on the TSX Venture Exchange under the symbol CRS. For additional details please visit Cardiff's website at www.cardiffenergy.com

For additional information contact:
Jack Bal, President
Cardiff Energy Corp
604-306-5285
[e-mail]

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/07/16/car…

"Cardiff Energy Corp. Provides Drilling and Corporate Update
V.CRS | 4 days ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") would like to provide an update on the drilling of the Clayton #1H. Upon further geological evaluation, the Company has decided to increase the horizontal leg from 3500 feet to 5500 feet to maximize the horizontal leg in the Gardner formation. Due to the additional footage being drilled and adverse weather conditions, completion of the Clayton #1H has been pushed back 10 days. Furthermore, the Company's CEO and VP Exploration are heading to Ballinger, Texas next week to sign definitive agreements on newly negotiated leases in Runnels County.

Additionally, the Company has reserved 1,500,000 incentive stock options for current and future officers and directors under the Company's 10% rolling stock option plan (the "Plan"). The options granted are for a five year period expiring July 16, 2020 at an exercise price of $0.15 per share. This transaction is subject to TSX Venture Exchange approval.

..."

[praesens]

Hier noch die news von gestern:

http://www.stockhouse.com/news/press-releases/2015/08/04/car…

"Cardiff Energy Corp. Acquires 700 Acre Lease in Runnels County and Signs Significant AMI Agreement
V.CRS | 1 day ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF")

is pleased to announce that it has signed a definitive agreement with Murphree Oil LLC.("Murphree") to acquire an additional 700 acre lease in Runnels County, Texas. The geological report on the new 700 acre parcel indicates there are multi-zone features with oil and gas development potential. The zones of interest include: Gardner Lime, Capps Lime, Palo Pinto Lime, Jennings Sand, and Dog Bend Lime. These zones are also present in the lease that the Company currently owns and where the Clayton # 1H is being drilled.

The Company now controls close to 1200 acres of land for drill ready exploration in Runnels County. The full development of the 1200 acres will include both horizontal and vertical drilling as well as re-entry to zones in existing well bores not previously produced. The geological study indicates there are more than 15-20 targets to be drilled to develop both properties to their full potential.

The Company is also pleased to announce that they have signed a significant 5 year AMI (Area of Mutual Interest) Agreement with Murphree for lands surrounding the 700 acre lease. This agreement allows the Company to have first right on any lands in the AMI to do its own geological study and if it fits the goals of the Company, purchase the lease (or leases) from Murphree.

Jack Bal, President states "with leases secured and a significant AMI Agreement in place for future development the Company is positioned for an exciting oil and gas drilling and production program."

To update shareholders on the status of the Clayton #1H, the drilling phase continues and the Clayton #1H will be completed in the Gardner Lime as a horizontal well. The Company's previous new release anticipated completion of the drilling of the Clayton #1H by now. However, due to complications during the drilling process the time line has been extended. Upon completion and testing of the Clayton #1H a flow rate will be reported.

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/08/10/car…

Cardiff Energy Corp. Provides Drilling and Corporate Update
V.CRS | 2 hours ago

(via Thenewswire.ca)

"Vancouver, BC / TheNewswire / August 10 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") would like to provide an update on the drilling of the Clayton #1H well. It has been determined with consultation from Martin Energies, operator of the Clayton #1H well and Company's representatives that the current drill contractor should be replaced due to performance issues. A new drill contractor has been engaged and will commence drilling shortly. The drill employed will be larger and more powerful with a very experienced crew. The Company anticipates faster drilling and completion of drilling of the Clayton #1H well with the equipment employed.

The Company would also like to announce the retirement of Lorne Torhjelm as CEO and Director of the Company. Lorne was the founder of Cardiff Energy Corp. and has led the company since inception. The Company thanks Lorne for his dedication and leadership. Jack Bal, President of Cardiff Energy Corp. will become the CEO of the Company.

Jack Bal, President and CEO of Cardiff Energy Corp., states "We feel we have a solid team drilling the Clayton #1H well and expect the well to be completed in the near term. I would also like to thank Lorne Torhjelm for his guidance and support."

..."

[Burattino]

Was ist da los ???

LAnd unter....

[FlashFire90]

das war ja zu erwarten....bin mal gespannt wie lange sich #1H jetzt verzögert

[praesens]

Tja, wie schrieb die Tage ein user, sinngemäß:
Im Falle von Jack Bal bedeutet CEO wohl eher Chief Excuses Officer ...

Jedenfalls hieß es Anfang vergangener Woche der reamer, also eine Art Bohrkopf, sei im Bohrloch festgefahren.
Es gab wohl "Meinungsverschiedenheiten" und die Bohrfirma (Martin Matrix, nicht zu verwechseln mit dem operator Martin Energies) zog ihr drill rig von der property ab.
Sehr kurzfristig wurde ein neues, größeres und stärkeres rig geordert.
Das hat dann wohl aufgrund seiner höheren Leistungsfähigkeit den reamer problemlos geborgen bzw. mit diesem einfach weiter gearbeitet.
Komplettierung des Bohrlochs wird erwartet für kommendes Wochenende, flow rates dann ca. 8 Tage später, also Ende nächster Woche oder Beginn der übernächsten.

Gruß, praesens

[praesens]

Fakten, Fakten, Fakten !
Bzw. das genaue Gegenteil ...!

Aktueller Stand:
Vertikaler Teil gebohrt incl. Übergang zum horizontalen.
Reamer geborgen.
Aktuell reaming.
Casing übers Wochenende (Montag Feiertag in Kanada, kein Handel, in USA normaler Börsen-/Arbeitsag).
Im Anschluß (Di. bis Fr.?) Fertigstellung der horizontalen Bohrung.
Danach (ca. 8 Tage ?) flow test.

Also flow rates mit Glück vor dem Wochende 20./21., eher wohl in der Folgewoche.

Gruß, praesens

[praesens]

Antwort auf Beitrag Nr.: 50.562.473 von praesens am 04.09.15 23:33:26

http://www.stockhouse.com/news/press-releases/2015/09/08/car…

"Cardiff Energy Corp. Provides Clayton #1H Update
V.CRS | 5 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / September 8 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to provide an update on the status of the Clayton #1H located in Runnels County, Texas. On August 10, 2015 the Company announced that it has been determined with consultation from Martin Energies, operator of the Clayton #1H well that the current drill contractor should be replaced due to performance issues. During drilling of the Clayton #1H the initial drilling contractor ran into a major problem when they managed to get the reamer stuck at roughly 2500ft when reaming the hole in preparation for setting casing.

On August 19, 2015 the services of a new drilling contractor and crew were engaged and work began to remedy problems at the well site. Significant efforts were spent preparing the hole to free the stuck reamer and the Company is pleased to announce that on September 4, 2015 the reamer was successfully fished out of the hole. The Clayton #1H is now being re-conditioned to depth in preparation for setting casing, after which 5 days of horizontal drilling will take place to complete the drilling of the well.

Jack Bal, President and CEO of Cardiff Energy Corp., states "we are very pleased that the stuck reamer has been pulled out of the hole, as a stuck reamer posed a major technical problem to completing the well. We are now confident that the Clayton #1H will be completed in the near term. We would also like to thank the new drilling contractor and crew who arrived August 19, 2015 and have done an amazing job and have shown the utmost level of professionalism."

The Company would also like to announce the addition of Greg Campbell to the board of directors. Mr. Campbell is currently the Corporate Secretary.

..."

[praesens]

Das Vorbereiten des Bohrlochs zum vertikalen casing hat dann wohl doch noch ein paar Tage länger gedauert als gedacht.
Casing soll nun morgen beginnen.
Sagen wir 4 Tage, dann ist Samstag.
Danach soll die crew wohl 4 - 5 Tage Pause erhalten, da sie seit dem 19.8. jeden Tag am Arbeiten ist.
Das wäre dann bis Donnerstag, der 17.
Danach 5 Tage horizontale Bohrung, wäre bis Dienstag den 22.
Dann warten auf flow rates, 5 - 8 Tage, also irgendwann gegen Ende des Monats.

Gruß, praesens

[praesens]

Nächste news für Montag erwartet:
Fertigstellung des casings und Erhalt des Geldes von Lucky Janda ... mal sehen ...

Gruß, praesens

[praesens]

Das sollte über die nächste 3 Wochen hin ein schöner Anblick werden:

[praesens]

... delay ... delay ... delay ...

Aktueller Grund: re-reaming des vertikalen Bohrlochs, um einen größeren Durchmesser zu erzielen ...

[praesens]

http://www.stockhouse.com/news/press-releases/2015/09/28/car…

"Cardiff Energy Corp. Provides Clayton #1H And Corporate Update
V.CRS | 2 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / September 28 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to provide a corporate and drilling update on the status of Clayton #1H.

As per the company's press release dated September 8, 2015, with the services of a new drilling contractor engaged, work began to remedy problems at the well site. Significant efforts were undertaken to prepare the hole to free a stuck reamer which presented a major technical problem to completing the well. The Company was pleased to announce that on September 4, 2015 the reamer was successfully fished out of the hole. The next step was to re-condition the Clayton #1H in preparation of setting casing. However, before commencing re-conditioning of the Clayton #1H pumps needed to be replaced and setup and assembly of new steel pits and shale shaker assembly was needed.

The Company is now pleased to report that the Operator has successfully re-entered the hole and cleaned and re-conditioned the Clayton #1H to depth. The Operator is in the process of reaming the hole to total depth in preparation for setting casing. As of Sunday evening September 27, 2015 reaming has reached 4250 ft with roughly 600ft to go. Once reaming is completed the Clayton #1H will be immediately cased, after which preparations and commencement of 5 days of horizontal drilling will take place.

To date, the Company has met all cash calls based on their 65% Working Interest ("WI") and has funded in excess of $1,050,000 USD of the estimated of $1,700,000 USD Authorization For Expenditure ("AFE") for completion to the tanks of the Clayton #1H. The Company will be providing additional updates as they become available including; casing of well, Joint Venture funding, commencement and completion of horizontal drilling and initial flow testing.

Additionally, the Company would like to announce that negotiations are underway on new lease acquisitions and drilling opportunities.

Furthermore, the Company has reserved 2,000,000 incentive stock options for current Officers, Directors and Consultants under the Company's 10% rolling stock option plan (the "Plan"). The options granted are for a five year period expiring September 28, 2020 at an exercise price of $0.145 per share. This transaction is subject to TSX Venture Exchange approval.

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/09/30/car…

"Cardiff Energy Corp. Signs Participation And Joint Venture Agreement
V.CRS | 1 day ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / September 30 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to announce the signing of a Participation And Joint Venture Agreement ("Agreement") with Equitorial Exploration Corp. ("Equitorial") to fund the completion of the Clayton #1H well and to help expedite the development of their Runnels County oil and gas leases in Texas.

Under the terms of the Agreement, Equitorial will purchase a 15% working interest ("WI") in the Clayton #1H for $270,000 USD from the Company and will have the opportunity to purchase a 25% WI on all future wells drilled on the Company's leases in Runnels County. This Participation and Joint Venture Agreement is subject to TSX Venture Exchange approval.

Jack Bal, President and CEO of Cardiff Energy Corp., states "we are excited to be working with Equitorial, and are in receipt of a $100,000 deposit with the balance of their funds arriving early next week. With funds secured to complete the Clayton #1H and partner who is eager to commence a drilling program we are well positioned to finish off the year on a strong front."

The Company would also like to announce that the Participation and Joint Venture Agreement with Cache Exploration Inc. announced on September 1, 2015 has been terminated.

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/10/05/car…

"Cardiff Energy Corp. Commences Casing of The Clayton #1H
V.CRS | 2 hours ago

(via Thenewswire.ca)

CARDIFF ENERGY CORP. / TheNewswire / October 5, 2015 - (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to announce that casing of the Clayton #1H has commenced. Cement crew will arrive today and once complete preparations and commencement of 5 days of horizontal drilling will take place.

Although many delays where encountered during the drilling of the Clayton #1H, the Company is excited to have pioneered the first horizontal well in Runnels County, Texas. The Clayton # 1H targets the Gardner Lime. The Gardner Lime is a fractured limestone which is approximately 15 feet thick and comparable geologically to another major field in Texas called the Austin Chalk. The Austin Chalk has had a number of successful horizontal wells, of which some of the more prolific wells have had initial production of 1500 barrels of oil per day (BL/day).

Jack Bal, President and CEO of Cardiff Energy Corp., states "the Clayton #1H is the first horizontal well in the Gardner Lime formation drilled in Runnels County, Texas. We have learned from the issues encountered during the drilling of the Clayton #1H and will leverage this knowledge to exploit future horizontal wells. We are in the process of selecting additional drill locations and will announce them after initial flow rates of the Clayton #1H are reported."

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/10/06/car…

"Cardiff Energy Corp.'s Clayton #1H Successfully Cased and Cemented
V.CRS | 1 day ago

(via Thenewswire.ca)

October 6, 2015 / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to report that the Clayton #1H was successfully cased and cemented to total depth on October 5, 2015.

As time is needed for the cement to cure, site preparations are now underway in order to commence the drilling of the lateral section of the Clayton #1H.

Jack Bal, President and CEO of Cardiff Energy Corp., states "we are a major step closer to moving from an exploration company to a production company, and we are looking forward to announcing the completion of drilling and reporting the initial flow rates. With follow up horizontal wells in the planning stages we are positioned to finish off 2015 strong and carry this momentum into 2016."

To learn more about the Company and the drilling of the Clayton #1H horizontal well please visit:

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/10/08/car…

"Cardiff Energy Corp. Receives Balance of Funds from Equitorial Exploration Corp.
V.CRS | 19 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / October 8, 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to report that they are in receipt of the balance of funds from their Joint Venture partner Equitorial Exploration Corp. ("Equitorial") announced September 30, 2015. Under the terms of the Agreement, Equitorial has purchased a 15% working interest ("WI") in the Clayton #1H for $270,000 USD from the Company.

Jack Bal, President and CEO of Cardiff Energy Corp., states "we are pleased to be working with a professional Joint Venture Partner who has the ability to raise significant funds. Working together we are positioned to leverage each other's expertise and layout the foundations to an exciting drilling program."

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/10/09/car…

"Cardiff Energy Corp. Provides Clayton #1 H and Corporate Update
V.CRS | 1 hour ago

(via Thenewswire.ca)

October 9, 2015 / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to report that the casing cement of the Clayton #1H has cured and site and equipment preparations are in their final stages with lateral drilling scheduled to commence Monday October 12, 2015. Following 5 to 7 days of lateral drilling the Company will test the well and release the initial flow rates.

In addition, the Company is pleased to announce that their Joint Venture partner Equitorial Exploration Corp. ("Equitorial") has agreed to fund 40% of all new lease acquisitions in Runnels, County Texas.

Jack Bal, President and CEO of Cardiff Energy Corp., states "in order to maximize shareholder value, acquiring oil and gas leases and drilling follow up horizontal wells is paramount. We are pleased to have come to a funding arrangement with Equitorial which will allow for expedited lease acquisitions and drilling of future wells."

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/10/19/car…

"Cardiff Energy Corp. Provides Clayton #1H and Corporate Update
V.CRS | 11 minutes ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to provide an update on the lateral drilling of the Clayton #1H. Martin Energies, Operator of the Clayton #1H, states "We have landed the lateral into the Gardner Lime and have encountered significant Gas and Oil shows, indicating a zone with strong potential. The zone came in structurally at a very favourable sub sea level. This drill out has thus far exceeded our expectations." The Company will be providing further updates as new information is relayed from the drill site.

The Company is also pleased to report that they have acquired an additional 100 Acre prime oil and gas lease bordering the Clayton #1H and have entered into a letter of intent to acquire an additional 400 Acre oil and gas lease adjacent to the Clayton #1H. Furthermore, the Company continues to negotiate other strategic oil and gas lease acquisitions in Runnels County, Texas.

Jack Bal, President and CEO of Cardiff Energy Corp., states "We are very excited with the results of the lateral drilling to date and anticipate the completion of the lateral drilling this week with flow test to follow soon thereafter."

..."

[StewartJames]

Antwort auf Beitrag Nr.: 50.814.087 von praesens am 09.10.15 15:37:19

Equitorial Exploration Corp. (the “Company”) announces that it has closed the first tranche of its non-brokered private placement (the “Private Placement”) of 4,522,699 units of the Company (each a “Unit”) at a price of $0.06 per unit for gross proceeds of $271,361.94.

Each Unit consists of one common share of the Company and one transferable share purchase warrant (a “Warrant”). Each Warrant is exercisable to acquire one additional common share of the Company for a period of two years at a price of $0.10 per common share.

All securities issued under the Private Placement are subject to a four-month and a day hold period from the date of issuance.

The proceeds of the Private Placement were advanced to Cardiff Energy Corp. (“Cardiff”) to pay the balance of US$270,000, which the Company paid to Cardiff to purchase a 15% working interest in Clayton #1H well, pursuant to a Participation and Joint Venture Agreement between the Company and Cardiff, previously announced in the Company’s news release of September 30, 2015.

On behalf of the Board of Directors

EQUITORIAL EXPLORATION CORP.

“Dean Pekeski”
Dean Pekeski, President and Director

http://www.equitorial.ca/news/equitorial-announces-amendment…

[Seefelder]

Zitat: "Eine kanadische Firma bringt in Deutschland eine Rohstoffaktie zu Centkursen auf den Markt und wirft die PR-Maschine an. Wer da zugreift, ist selbst schuld. Ein Lehrstück über die Machenschaften in der Welt der Pennystocks."
aus Capital November 2015, S. 132-134

Die Geschichte handelt von Cardiff Energy, sehr lesenswert und sollte die hier "Investierten" zum Nachdenken anregen.

Mit freundlichen Grüßen

[praesens]

Antwort auf Beitrag Nr.: 50.915.133 von Seefelder am 23.10.15 10:47:22

http://www.stockhouse.com/news/press-releases/2015/10/23/car…

"Cardiff Energy Corp. Provides Clayton #1H and Corporate Update
V.CRS | 2 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to provide a follow up to their October 19, 2015 news release. Lateral drilling of the Clayton #1H currently resides at 6500ft with the remaining footage to be completed this weekend.

Martin Energies, operator of the Clayton #1H states; "During the past few days of drilling numerous impressive gas kicks and oil shows were encountered. The deeper into the zone we drill the formation appears to be much richer in hydrocarbons. With drilling scheduled to be completed this weekend we are looking forward to testing the well."

The Company is also pleased to announce that Cardiff has acquired an additional 10% Working Interest ("WI") in the Clayton #1H bringing its WI to 60% and their JV Partner Equitorial Exploration Corp. has acquired an additional 15% bringing their WI to 30%.

Jack Bal, President and CEO of Cardiff Energy Corp., states "We are elated with the drilling results to date and are extremely excited to have increased our WI in Clayton #1H to 60%. With funding secured and the well scheduled to be completed this weekend we are looking forward to the initial

..."

[mani40]

Antwort auf Beitrag Nr.: 50.915.133 von Seefelder am 23.10.15 10:47:22

wenn da wirklich was im Loch ist, hat Capital mit seinem Zurück in die Zukunft Almanach November 2015 pünklich zum Toreschluss die Kleinanleger rausgejagt

Zitat von Seefelder: Zitat: "Eine kanadische Firma bringt in Deutschland eine Rohstoffaktie zu Centkursen auf den Markt und wirft die PR-Maschine an. Wer da zugreift, ist selbst schuld. Ein Lehrstück über die Machenschaften in der Welt der Pennystocks."
aus Capital November 2015, S. 132-134

Die Geschichte handelt von Cardiff Energy, sehr lesenswert und sollte die hier "Investierten" zum Nachdenken anregen.

Mit freundlichen Grüßen

[Coolbleiben]

Antwort auf Beitrag Nr.: 50.922.441 von mani40 am 24.10.15 02:07:54

...... zum Glück ist die Zeitschrift CAPITAL allwissend........


Coolbleiben

[praesens]

http://www.stockhouse.com/news/press-releases/2015/10/26/car…

Cardiff Energy Corp. Reports Lateral Drilling of Clayton #1H Completed
V.CRS | 44 minutes ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / October 26 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to provide a follow up to their October 23, 2015 news release. Martin Energies, operator of the Clayton #1H reports; "We have completed the lateral drilling of the Clayton #1H and will be commencing completion activities shortly. The lateral was drilled with no issues, and encountered numerous strong gas kicks and oil shows from the Gardner zone. We have high expectations for this well."

The next steps involve equipment being released and the site being prepared to allow completion activities to commence later this week. In addition, follow up drill sites are being selected for the Company's drilling program and negotiations continue for the acquisition of prime oil and gas leases in Runnels County, Texas.

Jack Bal, President and CEO of Cardiff Energy Corp., states "We are excited to be entering the completion stage for the Clayton #1H and are looking forward to reporting the initial production rate."

The Company holds a 60% working Interest ("WI") in the Clayton #1H and their JV Partner Equitorial Exploration Corp. holds a 30% WI.

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/11/09/car…

"Cardiff Energy Corp. Provides Clayton #1H and Corporate Update
V.CRS | 2 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / November 9 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to announce that they have negotiated a deal to purchase the 10% working Interest ("WI") from Martin Energies, the Operator of the Clayton #1H project. A new Operator will take over the Clayton #1H well and an operator agreement will be signed very shortly.

We strongly believe in our business plan in Runnels County, Texas and need to work with a team of experts who can deliver results within a set budget. With this is mind management spent the last week in Texas meeting with oil and gas experts in the fields of operating, drilling, land/ lease acquisitions and completing and have put a go forward team together for the Clayton #1H and for their planned follow up wells.

The Company was hoping to have consummated the Buyout Agreement with the Operator late last week so that flow tests could have been completed over the weekend; however, paper work before the lawyers took additional time to finalize and so the agreement is scheduled to be signed shortly. At this time all equipment needed to complete an initial flow test is on site and the Company should be in a position to commence the 2 day operation this week. Following the signing of the Buyout Agreement the Company will holds a 70% working Interest ("WI") in the Clayton #1H with their JV Partner Equitorial Exploration Corp. holding a 30% WI.

In addition, the Company is pleased to announce that the Bearcat #4 has commenced production and the Company will be reporting a production rate as it becomes available.

Jack Bal, President and CEO of Cardiff Energy Corp., states "We now have a team of professionals in place who we are going to be working with as we put the Clayton #1H into production. With the strong results from drilling and the analysis done by our geologist we believe the Clayton #1H will be a success. Furthermore, we are also very excited about the many follow up drilling opportunities we have planned for our leases in Runnels County, Texas and that the Bearcat #4 has finally commenced production."

..."

[praesens]

Antwort auf Beitrag Nr.: 50.921.010 von praesens am 23.10.15 20:30:30

http://www.stockhouse.com/news/press-releases/2015/11/20/car…" target="_blank" rel="nofollow ugc noopener">http://www.stockhouse.com/news/press-releases/2015/11/20/car…


"Cardiff Energy Corp. Completes Buyout Agreement For Clayton #1H And Bearcat #4
V.CRS | 2 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to announce that they have completed a Buyout Agreement with Martin Energies, the Operator of the Clayton #1H and the Bearcat #4 wells. The Company now holds a 70% working Interest ("WI") in the Clayton #1H with their JV Partner Equitorial Exploration Corp. holding a 30% WI and the Company holds a 100% WI in the Bearcat #4.

Although, additional time was needed to finalize the Buyout Agreement and to transfer the operating license to the new Operator, the Company is now in a strong position and focused on moving their Runnels County, Texas business plan forward. With all necessary equipment on site the new Operator is scheduled to commence the initial flow test of the Clayton #1H within the next few days. Additionally, the new Operator will be reviewing the Bearcat #4 site to determine the amount of oil currently stored in the tanks, analyses the production rate and to consider additional production opportunities.

Furthermore, the Company has granted 1,500,000 incentive stock options to current officers and directors under the Company's 10% rolling stock option plan (the "Plan"). The options granted are for a five year period expiring November 20, 2020 at an exercise price of $0.165 per share. This transaction is subject to TSX Venture Exchange approval.

Jack Bal, President and CEO of Cardiff Energy Corp., states "We strongly believe in our business plan in Runnels County, Texas and are looking forward to sharing the initial flow rates of the Clayton #1H."

..."

[praesens]

Antwort auf Beitrag Nr.: 51.140.778 von praesens am 20.11.15 17:00:17

http://www.stockhouse.com/news/press-releases/2015/11/23/car…

"Cardiff Energy Corp. Commences Initial Production Test Procedures
V.CRS | 2 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / Nobermber 23 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to announce that the new Operator of the Clayton #1H, Eastern Shelf Operating LLC is on site and is commencing work to prepare for the initial production test. The results of the test are expected later this week and will be shared with the market as soon as they are available. Senior management of the Company including the CEO and VP of Exploration will be arriving in Runnels County, Texas today to oversee the production test, meet with the Operator and drilling team to plan the next set of follow up wells and to review their 100% owned Bearcat #4 well. Additionally, senior management will be meeting with oil and gas land/lease owners to finalise new lease acquisitions.

Jack Bal, President and CEO of Cardiff Energy Corp., states "Shortly Cardiff will become an oil and gas producer in Runnels County, Texas. With follow up wells planned and new lease acquisitions

..."

[praesens]

http://www.stockhouse.com/news/press-releases/2015/11/30/car…

"Cardiff Energy Corp. Provides Clayton #1H Flow Test Update
V.CRS | 58 minutes ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / November 30 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to provide a follow up to their November 23, 2015 news release where they reported that the new Operator of the Clayton #1H, Eastern Shelf Operating LLC is on site and is commencing work to prepare for the initial production test.

Senior management of the Company arrived in Runnels County, Texas on Tuesday November 24, 2015 and met with the Operator to go over the initial production test plan. A high powered water and chemical treatment was applied to the Clayton #1H to enlarge the pore spaces and passages through which the Gardiner Lime formation will flow. Following the treatment the crew began to swab the well in preparation for the flow test. The crew worked hard to be in a position to complete the flow test late last week, however, with a severe weather pattern in the forecast and American Thanksgiving the Company with input from the Operator decided to hold off on the test until this week.

At this time Eastern Shelf Operating LLC is back on site and has re-commenced procedure to allow for the initial production test. The results of the test are expected later this week and will be shared with the market as soon as they are available.

..."

[FlashFire90]

so wieder ne woche rum und wieder keine fließraten, langsam sollte da mal was kommen, dieses hinhalten hat der kurs langsam satt

[praesens]

Antwort auf Beitrag Nr.: 51.248.793 von FlashFire90 am 05.12.15 18:14:09

... in der Tat, flashfire !!

So wie es aussieht - flow rates heute ... na ja, Bohrbeginn war ja auch erst vor 6 Monaten ...

Gruß, praesens

[praesens]

... oder doch eher morgen ...?!
Diese "Firma" ist wirklich unglaublich.

Ich denke schon, daß Clayton eine sehr gutes Bohrloch sein wird.
Aber ich werde definitiv die news verkaufen damit ich diese farce von management nicht länger ertragen muß.
Egal wieviele tausend bopd die nächstes Jahr noch erbohren werden.

Gruß, praesens

[praesens]

Antwort auf Beitrag Nr.: 51.261.930 von praesens am 08.12.15 10:43:34

... heute ...?

Egal - irgendwann ...

[praesens]

http://www.stockhouse.com/news/press-releases/2015/12/09/car…

"Cardiff Energy Corp. Provides Clayton #1H Flow Test Update
V.CRS | 4 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to provide a follow up to their November 30, 2015 news release.

Eastern Shelf Operating LLC, Operator of the Clayton #1H, swabbed the well for 3 days with the objective of unloading the completion fluid from water jetting that was used to clean the Gardner Lime formation. The swabbing operation was successful in recovering a large amount of completion fluid with significant oil and gas shows. With these positive results the Operator decided to install a Moyno production pump which required the installation of 3200ft of new production tubing to accelerate the removal of the completion fluid. The pump was installed on Saturday December 5, 2015 and began pumping completion fluid out of the formation. Continuous pumping of the well has demonstrated that the Gardner has strong inflow, and is flowing completion fluid along with good gas flow and increasing oil showings. Additional tubing is being installed today to allow the production pump to extract from the 4200ft level which is the beginning of the lateral. The Company expects the completion fluid to decrease and hydrocarbons to be the dominant flow. Once the completion fluid is depleted the Operator will commence flow testing of the Clayton #1H well.

Derek Stonehouse, VP Exploration for Cardiff Energy, states "We are very pleased with the well results to date. The Gardner Lime formation is responding well and hydrocarbon shows are increasing as completion fluid is being removed. We expect the flow test to be completed within a few days."

..."

[praesens]

http://www.stockhouse.com/companies/news/v.crs/cardiff-energ…

"Cardiff Energy Corp. Provides Clayton #1H Flow Test Update
V.CRS | 2 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / December 21 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to announce that the Operator, Eastern Shelf Operating LLC, has commenced the flow test on the Clayton #1H and results are expected later this week.

The Company is pioneering the first Gardiner Lime horizontal well in Runnels County, Texas and although many delays were encountered the Company has learned many valuable lessons that they will apply to their planned follow up drilling program on their multi-zone Runnels County, Texas leases.

Jack Bal, President and CEO of Cardiff Energy Corp., states "We are looking forward to releasing the results of the Clayton #1H flow test as soon as they are available."

..."

[praesens]

Antwort auf Beitrag Nr.: 51.347.259 von praesens am 21.12.15 16:35:53

Cardiff Energy Corp. Announces Clayton #1H Initial Flow Rate Results
V.CRS | 5 hours ago

(via Thenewswire.ca)

Vancouver, BC / TheNewswire / December 22 2015 - CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to announce that the Operator, Eastern Shelf Operating LLC, has completed an initial flow test on the Clayton #1H reporting an initial flow rate of 275 Barrels of Oil Per Day without any stimulation to the formation. Furthermore, early in the New Year the Company has plans to apply an acid treatment to the Clayton #1H which has the potential to substantially increase the flow rate.

With this exciting news in hand the Company has pioneered the first Gardiner Lime horizontal well in Runnels County, Texas. Based on the initial flow test the Clayton #1H has met the Company's expectations and will transition the Company in short order from a Junior Explorer to a Junior Producer in Texas.

Jack Bal, President and CEO of Cardiff Energy Corp., states "All along we believed that the Clayton #1H would be a huge success. We stuck to our business plan and have provided the necessary proof to support the next phase of our growth. With multi-zone opportunities on the Company's current leases, additional leases in the surrounding vicinity being secured and a follow up drilling program being finalized the Company is set to enter a significant growth phase."

..."

[praesens]

Und dafür ... 6 !!! Monate warten ...
Ich hatte mir einen Kurs im 30 cent Bereich erwartet.
Jetzt sind es 11 - mit Glück.
Und bei den bei Cardiff üblichen "delays" wird man sehen, ob das acid treatment in early 2016 tatsächlich so early sein wird ...

Abgesehen davon soll wohl auch Bearcat horizontal erweitert werden.

Gruß, praesens

[FlashFire90]

das warten hat sich ja gelohnt...naja in andere foren hatte sich das schon abgezeichnet, laut insidern hat der gute jack seine aktien schon vor nen paar wochen für 0.15 verkauft, der wusste wohl schon das die gehypten werten niemals erreicht werden, ich für meinen teil war mal wieder zu blauäugig und sitz jetzt auf 13k zu 0,11 euro

[mani40]

Antwort auf Beitrag Nr.: 51.365.172 von FlashFire90 am 24.12.15 18:27:49

275 Barrel x 37$ x 365 Tage = 3,7 Mio Gewinn

0,07 can$ x 48 Mio = 3,3 Mio MK


hat sich gelohnt, nur die Frage für wen?

[praesens]

Antwort auf Beitrag Nr.: 51.365.172 von FlashFire90 am 24.12.15 18:27:49

Mit den insider-Verkäufen wurden die Mehrkosten der Verzögerung(en) bezahlt.

275 bopd (übrigens nur 70 % davon gehören CRS) lag unter den Erwartungen, dazu tax-loss-season, ein grundsätzliches und gerechtfertigtes die Nase voll haben von all dem was schief gelaufen ist ... Abverkauf ... tja, im Nachhinein ist man immer schlauer.

Das acid-treatment an Clayton soll innerhalb der nächsten 14 Tage beginnen. Dann sollen bis zu 200 bopd mehr möglich sein. Das ist jetzt nur eine Schätzung, aber acid treatment incl. Ermittlung einer neuen flow rate sollten wohl innerhalb von ebenfalls 14 Tagen zu machen sein.

Zur Finanzierung des acid treatment soll es wohl ein kleines pp geben über 500.000 $.

War dieses treatment erfolgreich, steht Cardiff wohl eine Kreditlinie zum Bohren von 2 weiteren Wellen zur Verfügung.

Gruß, praesens

[praesens]

News über Beginn des acid wash und das Vorhandensein der dafür nötigen finanziellen Mittel sollte vor der Tür stehen (wohl eher Anfang nächster als Beginn dieser Woche).

Gruß, praesens

[FlashFire90]

na ich bin ja mal gespannt, ich tippe mal auf verzögerungen vom acid treatment bis ende märz oder länger und dann hauen sie mal wieder ne news mit ner erhöhung von 50bopd raus

[praesens]

Acid wash soll Mittwoch starten. Soll ...
Genügend Geld in der Kasse um im Anschluß Clayton und Bearcat in Produktion zu bringen.
Das sollte bei einer "normalen" Firma dann innerhalb von 2 - 3 Wochen nach dem acid wash geschehen können. Hmhm ...

Gruß, praesens

[FlashFire90]

soo einen monat später und keine news, von early 2016 kann man eigl schon garnicht mehr reden, das zweite quartal steht ja auch schon vor der tür...ich wette selbst wenn ne news kommt, sie wird mal wieder ernüchternd sein

[bayerber]

Cardiff hat heute vermeldet, das die Säurebehandlung abgeschlossen ist.
thenewswire.ca/archives?tnwcatalyst2=release_id=18757
Zur Zeit wird die Säure abgepumpt und die Bohrung für eine kommerzielle Produktion vorbereitet.
Am Besten gefällt mir:
"All indications are that the Clayton #1H will be a strong production well."

[mani40]

Antwort auf Beitrag Nr.: 52.085.942 von bayerber am 30.03.16 19:39:21

April 27 2016 / TheNewswire / CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US Pinksheets: "CRRDF") is pleased to provide an update on the status of the Clayton #1H following the successful acid treatment. As previously announced on March 30, 2016 the Clayton #1H was treated with 19,000 gallons of acid in 9 intervals which encountered the highest hydrocarbon shows during drilling.

The reservoir responded extremely well to the treatment; strong pressure was encountered in the well with numerous gas kicks and fluids flowing to surface. The next step was to install a pump to begin pumping off the completion and drilling fluid. The completion team estimates that roughly 3000 barrels of fluid needs to be removed from the Clayton #1H before significant oil cuts will be encountered. To date over 1000 barrels has been removed and during the next 10 days the completion team expects to see increased oil shows and to be in a position to prepare the well for commercial production. Once production stabilizes the Company will be in a position to report a flow rate.

http://www.stockhouse.com/news/press-releases/2016/04/27/car…

[bayerber]

Antwort auf Beitrag Nr.: 52.352.811 von mani40 am 05.05.16 22:05:08

Diese Woche kommen evtl. die Ergebnisse der Säurebehandlung. Am Freitag hat bereits das Volumen in Kanada wieder zugenommen.

[bmuesli]

http://rockstone-research.com/index.php/de/research-reports/…

[bmuesli]