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Annual General Meeting – Raise Production Inc.

Raise Production Inc. · Oct 27, 2015 · 11 slides

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Slides

  1. Annual General Meeting – Raise Production Inc. – slide 1
    Annual General Meeting October 27th 2015
  2. Annual General Meeting – Raise Production Inc. – slide 2
    Horizontal Pump Overview Company has replaced the defective Part and secured a reliable and consistent supply chain We have deployed the system with the new Part and have tested the Part and the complete system with success The…
  3. Annual General Meeting – Raise Production Inc. – slide 3
    Hz Deployment. In June the Company deployed its Hz system with the new Part The System ran for 23 days with intermittent operation due to surface compression problems stemming from higher than anticipated activation pressures. In…
  4. Annual General Meeting – Raise Production Inc. – slide 4
    Part Performance Raise very satisfied with performance of the Part: Operated as per design No failures Operated above test pressure specifications Inspection upon retrieval of System indicates like new condition New Part Old…
  5. Annual General Meeting – Raise Production Inc. – slide 5
    Deployment Results Significant information gained from deployment Meaningful indicators toward theory validation Segmented flow across Hz Trapped water beyond heel section Pressure / 3 Phase Flow relationship not as expected Key…
  6. Annual General Meeting – Raise Production Inc. – slide 6
    Deployment Results Cont Salinity: June 24 Sample: Water represented significant % of sample volume Salinity (Cl -) 1,000 mg/l Offsetting well ( 150 meters) sample: Sampled as reservoir control for insitu salinity Salinity (Cl -)…
  7. Annual General Meeting – Raise Production Inc. – slide 7
    Sample Fluid
  8. Annual General Meeting – Raise Production Inc. – slide 8
    Changes Eliminate packer cups at separator assembly Move rod pump down hole to 75deg from 55deg Install pumps across from fracture ports Activate toe pumps and heel pumps independently Use 4 lines for pump activation/exhaust to…
  9. Annual General Meeting – Raise Production Inc. – slide 9
    Rod Pump Overview The company continues to develop its rod pumping technology anchored by a contract with a major heavy oil producer for use in SAGD (Wedge wells) and Cyclic Steam (Huff & Puff) applications. This is new and…
  10. Annual General Meeting – Raise Production Inc. – slide 10
    Rod Pump Cont New travelling and standing valves designed and patent applications submitted New Hydrostatic arresting valve designed and patent submitted New Articulating Rod plunger and connecting top assembly designed and patent…
  11. Annual General Meeting – Raise Production Inc. – slide 11
    End Thank you

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