As Assetz made clear this week, the united states has survived the liquidity turmoil unscathed fairly. However, wider evidence seems to claim that this avoidance of the financial problems which have blighted a great many other economies – and therefore housing markets – is not simply a phenomenon observed in the French property mortgage-lending sector.
In the commercial property sector, for example, UK commercial property firm Hammerson released its half-yearly results previously this week. They showed that overall its assets acquired lost 5.5 % in value in the next fifty percent of 2007, but the company was bolstered by 16. 12 months 5 per cent rise in the value of its French possessions last. So if the financial and property situation in France, both residential and commercial, is looking up, where might the investor go? A lot of this depends on the market they would like to serve. Some Britons, a weekend retreat or just a holiday home either seeking, may let out someplace far from the crowds – and their countrymen. Other places, however, have developed sizeable expat communities.
5 million. So we’d rather work with our clean wellbore and then determine whether we think there’s additional information we might be able to get out a Hayrabolu. So, that’s kind of why it has been maintained inside our budget and sat there as a contingency. Okay. No. I understand that. I am involved in a great deal of re-entry drilling tasks where people thought we’d sort of go cheap and re-enter an existing wellbore and irritation the world from hell and ran all types of issues that way. So that’s good. Yes. One last things; just looking at the released dirt thickness, mud weights while drilling curves against the steps which show the nice changeover into the over-pressured area.
It appears like within the over-pressured area itself there will vary compartments with different pressures. There are some zones that are more if you like super-over-pressured than others even, so are there discontinuities there. Yes. Good question. Right now we don’t see that there surely is actually an improvement in pressure there. And again as we continue to test here we’re going actually to get the information that will validate that concern. As well as a few of the assessment we’ve just done down in Inanli now, though it appears like very you know maybe it’s different fault blocks down there, the pressure is very continuous across those two.
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So we’re not sense data but it is something we’ll progress once we go forward. We believe at this point it’s a comparable gradient, you know pressure, overpressure, and increasing down further in the depths maybe, but we’ll get the data to validate that once we move forward.
But the other thing being an unconventional reservoir we all know a lot of wells are required with this. So that compartmentalization concern is a bit less because you know you are going to need a great deal of wells to recover this or generally you’re going to have wells in the different areas to try and do that. But information that ideally we get to once we come and we face and we test and we do all of this work we ought to gain that understanding. That was a little surprised when I read within the press release. My name is Mark Twain.