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Endlich wieder GUTE News ! Endlich wieder Potential nach oben !!!!
Greater Sooner Holdings, Inc. Details Operational Excellence at Webb County Sidetrack Well
2006-09-19 09:00 ET - News Release
HOUSTON -- (Business Wire) -- Sept. 19, 2006
Greater Sooner Holdings, Inc., (OTC:GSNH)
(www.greatersoonerholdings.com) announces the team of operational
experts selected to drill and log of the LOMT #1 Sidetrack well in
Webb County, Texas. The Operator has awarded the business to the
following service providers:
-- Halliburton's (NYSE:HAL) Baroid Fluid Services division is
providing the necessary drilling fluids and muds.
-- Platinum Production Testing Service will execute flowback
tests indicating the pressure regime for this well.
-- Professional Directional will provide directional drilling
solutions.
-- Schlumberger (NYSE:SLB) will acquire open hole logs that are
used to identify the geological makeup of target production
zones.
The Operator will also enable operational updates over the
Internet to the Greater Sooner Holdings website, allowing shareholders
to track drilling operations directly from the wellsite.
Greater Sooner owns a working interest in this well, the first in
partnership with proven Operator Carburante Exploration. Due to rig
availability, drilling operations are scheduled by early November.
The company continues to make its shareholders aware of
terminology associated with its operations. The following definitions
pertain to our field operations and activities.
Directional drilling: also called slant hole drilling. The
technique of intentional, controlled drilling at an angle from the
vertical by deflecting the drill bit. Although wellbores are normally
drilled vertically, it is sometimes necessary or advantageous to drill
at an angle from the vertical. Controlled directional drilling makes
it possible to reach subsurface areas laterally remote from the point
where the bit enters the earth. It involves the use of turbodrill,
whipstocks, or other deflecting tools.
Deviated hole: a hole drilled in a non-vertical direction to reach
the target zone.
Drilling mud: a drilling mixture consisting of one or two liquid
phases and dissolved and undissolved solids with properties tailored
to a particular problem. It cools and lubricates the drilling bit,
conditions the formation wall, removes cuttings from the borehole,
brings traces of formation fluids to the surface, and, when it
possesses certain characteristics, it provides a wellbore medium
suitable for some electrical, acoustic, and nuclear well-logging
measurements. Types include oil emulsion, invert oil emulsion,
oil-base mud, and water-base mud.
Flowback: after a shut-in period, fluid is allowed to flow back
over a fixed choke, and the pressure and the returned volume are
recorded as a function of time. Flowback tests are a preferred method
for measuring the minimum horizontal in-situ stress of a well, helping
to determine the fracture regime of the target geological formations.
Open hole: an uncased hole, or uncased portion of the hole.
Uncased as in casing never existed or has been removed.
Open hole log: a well log acquired in an uncased hole.
Petrophysics: the study of the physical and chemical properties
that describe the occurrence and behavior of rocks, soils and fluids
measured by well logs and other devices. The goal is to determine the
behavior and characteristics of a oil or gas reservoir; by studying
such parameters as Porosity, Water saturation, and Permeability.
Well log: also known as wireline log, borehole log. The product of
a survey operation, also called a survey, consisting of one or more
curves. Provides a permanent record of one or more physical
measurements as a function of depth in a well bore.
About Greater Sooner Holdings:
Greater Sooner Holdings, Inc., based in Houston, Texas is an
investment holding company with primary interests in crude oil and
natural gas exploration and production.
Forward-Looking Statements: This release contains forward-looking
statements, which are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Expressions of
future goals and similar expressions reflecting something other than
historical fact are intended to identify forward-looking statements,
but are not the exclusive means of identifying such statements. These
forward-looking statements involve a number of risks and
uncertainties, including the timely development and market acceptance
of products and technologies, successful integration of acquisitions,
the ability to secure additional sources of financing, the ability to
reduce operating expenses and other factors. The actual results that
the company achieves may differ materially from any forward-looking
statements due to such risks and uncertainties. The company undertakes
no obligations to revise or update any forward-looking statements in
order to reflect events or circumstances that may arise after the date
of this release.
Contacts:
Engleman & Associates LLC
Investor Relations, 713-320-3596
gsnhir@msn.com
Greater Sooner Holdings, Inc. Details Operational Excellence at Webb County Sidetrack Well
2006-09-19 09:00 ET - News Release
HOUSTON -- (Business Wire) -- Sept. 19, 2006
Greater Sooner Holdings, Inc., (OTC:GSNH)
(www.greatersoonerholdings.com) announces the team of operational
experts selected to drill and log of the LOMT #1 Sidetrack well in
Webb County, Texas. The Operator has awarded the business to the
following service providers:
-- Halliburton's (NYSE:HAL) Baroid Fluid Services division is
providing the necessary drilling fluids and muds.
-- Platinum Production Testing Service will execute flowback
tests indicating the pressure regime for this well.
-- Professional Directional will provide directional drilling
solutions.
-- Schlumberger (NYSE:SLB) will acquire open hole logs that are
used to identify the geological makeup of target production
zones.
The Operator will also enable operational updates over the
Internet to the Greater Sooner Holdings website, allowing shareholders
to track drilling operations directly from the wellsite.
Greater Sooner owns a working interest in this well, the first in
partnership with proven Operator Carburante Exploration. Due to rig
availability, drilling operations are scheduled by early November.
The company continues to make its shareholders aware of
terminology associated with its operations. The following definitions
pertain to our field operations and activities.
Directional drilling: also called slant hole drilling. The
technique of intentional, controlled drilling at an angle from the
vertical by deflecting the drill bit. Although wellbores are normally
drilled vertically, it is sometimes necessary or advantageous to drill
at an angle from the vertical. Controlled directional drilling makes
it possible to reach subsurface areas laterally remote from the point
where the bit enters the earth. It involves the use of turbodrill,
whipstocks, or other deflecting tools.
Deviated hole: a hole drilled in a non-vertical direction to reach
the target zone.
Drilling mud: a drilling mixture consisting of one or two liquid
phases and dissolved and undissolved solids with properties tailored
to a particular problem. It cools and lubricates the drilling bit,
conditions the formation wall, removes cuttings from the borehole,
brings traces of formation fluids to the surface, and, when it
possesses certain characteristics, it provides a wellbore medium
suitable for some electrical, acoustic, and nuclear well-logging
measurements. Types include oil emulsion, invert oil emulsion,
oil-base mud, and water-base mud.
Flowback: after a shut-in period, fluid is allowed to flow back
over a fixed choke, and the pressure and the returned volume are
recorded as a function of time. Flowback tests are a preferred method
for measuring the minimum horizontal in-situ stress of a well, helping
to determine the fracture regime of the target geological formations.
Open hole: an uncased hole, or uncased portion of the hole.
Uncased as in casing never existed or has been removed.
Open hole log: a well log acquired in an uncased hole.
Petrophysics: the study of the physical and chemical properties
that describe the occurrence and behavior of rocks, soils and fluids
measured by well logs and other devices. The goal is to determine the
behavior and characteristics of a oil or gas reservoir; by studying
such parameters as Porosity, Water saturation, and Permeability.
Well log: also known as wireline log, borehole log. The product of
a survey operation, also called a survey, consisting of one or more
curves. Provides a permanent record of one or more physical
measurements as a function of depth in a well bore.
About Greater Sooner Holdings:
Greater Sooner Holdings, Inc., based in Houston, Texas is an
investment holding company with primary interests in crude oil and
natural gas exploration and production.
Forward-Looking Statements: This release contains forward-looking
statements, which are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Expressions of
future goals and similar expressions reflecting something other than
historical fact are intended to identify forward-looking statements,
but are not the exclusive means of identifying such statements. These
forward-looking statements involve a number of risks and
uncertainties, including the timely development and market acceptance
of products and technologies, successful integration of acquisitions,
the ability to secure additional sources of financing, the ability to
reduce operating expenses and other factors. The actual results that
the company achieves may differ materially from any forward-looking
statements due to such risks and uncertainties. The company undertakes
no obligations to revise or update any forward-looking statements in
order to reflect events or circumstances that may arise after the date
of this release.
Contacts:
Engleman & Associates LLC
Investor Relations, 713-320-3596
gsnhir@msn.com
WKN: A0JEQ6
Symbol: G3S
ISIN: US39235Q1076
Symbol: G3S
ISIN: US39235Q1076
HI! reagierte die Aktie denn auf den news?? in Deutschland wie auch USA??? wenn ja wie?
also bis jetzt ist dort und hier nix bei news passiert!!
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