GREY:MGMCF - Post by User
Post by
geodude13on Feb 29, 2012 3:10am
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Post# 19602609
No MGX wells in CMV for winter of 2012
No MGX wells in CMV for winter of 2012 So MGX hasn't pounded any wells in in the CMV this winter and Husky does two. These exploration wells don't appear to be material to HSE so the need to disclose isn't likely and the next trigger would be a SDL application but that could be another two years.
Two trigger points seem to be evolving. One would be MGX drilling holes in the winter of 2012/2013 pending some sort of news release and the second would be Husky's capital program disclosure in 2013 with the announcement of drilling of further delineation wells/tie-in or disclosure of the work program scale.
An update could also come at the Husky AGM which usually takes place in April.
Regards