Octagon 88 Resources Inc (OCTX) has received positive confirmations that the Schlumberger dynamic simulation testing of the Elkton Erosional Edge Project has been completed. It confirms the Company's expectations for the possibilities of various recovery methods including primary (cold flow) production; later to be followed up with simpler EOR Enhanced Oil Recovery methods.
The final report has incurred an administrative delay due to the recent Calgary city flood disaster. The hundred-year flood prevented access to the city center offices for CEC North Star and third party partners collaborating to produce results. The company has been advised that the results will be issued next week and will include the recovery rates for the various methods recommended by Schlumberger and the engineering team. All these Kuala lumpur Escorts with verified photos are waiting for you call right now!
In the interim, over the last five weeks extensive development has been concluded on the POD Plan of Development; it targets the first production well for primary production planned prior to the end of 2013. These final reports will be disclosed in the Company's filings when received.
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