Ambra Resources Group Announces Thunderbird Oil Production Starts.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 16, 2002 Publicly traded Ambra Resources Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABRG) announces drilling update on the Thunderbird thunderbird In North American Indian mythology, a powerful spirit in the form of a bird that watered the earth and made vegetation grow. Lightning was believed to flash from its eyes or beak, and the beating of its wings was thought to represent rolling thunder. Unit, Well no. 1 in Karnes County, Texas Karnes County is a county located in the U.S. state of Texas. As of 2000, the population is 15,446. Its county seat is Karnes City6. Karnes County is named for Henry Wax Karnes, a soldier in the Texas Revolution. Geography According to the U.S. . The following report was received from the Operators Drilling Manager: The BBX-Thunderbird Unit #1, Well #1-HOL went on line and started producing its first barrel of oil (oil to the tanks) 9 a.m. Saturday, October 12th. We opened the valves Friday, October 11th around 2 p.m. but had problems with the heater/treater. We shut the well in for the night and had everything working safely early Sunday morning Sunday Morning may refer to:
in full file transfer protocol Internet protocol that allows a computer to send files to or receive files from another computer. Like many Internet resources, FTP works by means of a client-server architecture; the user runs client software to connect to was 1590 psi, gas 325 mcf. The well was reduced down to an 8/64 choke at 9:30 p.m. Saturday for the night. FTP was 1400 psi. At 6:30 a.m. Sunday, October 13th the well's flowing tubing pressure was 1650 psi and it had produced 65 bbls oil and 25 bbls fresh water in 10 hrs. The well was put back on a 12/64 choke. From then until noon, the well was flowing 20 bbls oil and 2 bbls of fresh water per hr at 1400/1425 psi making approximately 400 mcf. At noon, the well was opened up to a 14/64 choke for an hour. Flowing tubing pressure was 1400 psi and the well had made 23 bbls oil and 3 bbls water. Spot gas was 434 mcf. The well was put back on a 8/64 choke at 12:30 p.m. BBX BBX Business Basic Extended BBX Business Barter Exchange BBX Blue Bell, Pennsylvania (Airport Code) BBX Blockbuster Express (UK video store) called for the Thunderbirds first load of oil to be picked up and sold Sunday morning. Oasis Transportation and Marketing Corp., Corpus Christi, TX arrived 3 p.m. Sunday, October 13th, tested the T-Bird oil (41.5 degree gravity oil @ 92 degrees temp) and accepted the very first 173.68 bbls of oil. We also have approximately 350 bbls of oil in storage in a frac tank on location accumulated from drilling. The report this morning from our pumper at 7 a.m. October 14th is as follows: last 13 Hrs, 110 bbls oil and 0 water, flowing at 1375 psi. The last 24 hrs, 283 bbls oil, 16 water and the well has flared 216 mcf. Oasis picked up another load of oil at 7 a.m. this morning and will continue to transport oil for the biggest part of the day to empty our temporary tank. A pumping report from the field will be twice daily (7 a.m. and 7 p.m.) for a while until the well has stabilized. As you are aware, the pipeline situation will be addressed the third week in November. We are on the docket in hand; in the plan; under consideration; in process of execution or performance. See also: Docket with the San Antonio River
The San Antonio River is a major waterway that originates in central Texas near San Antonio and follows a roughly southeastern path through the state. Authority and hopefully will get our permit approved at that time to lay our gas pipeline across the Cibolo Creek to the El Paso sales point. In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified" meantime, meanwhile we will continue to produce oil and gas at a reduced rate so as not to flare too much gas. That's about it for now. As the days turn into weeks and the weeks to months we will know more about the long term production of the BBX-Thunderbird Unit # 1, Well # 1- HOL. By the Board of Directors, Ambra Resources Group Inc. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion