RE:RE:RE:RE:RE:RE:RE:RE:RE:What is holding the SP back?goggles (aka naysayer) has been busy posting misinformation. To address some of those I offer the following corrections:
- The D23 approval will not need to be amended or take the time you suggest. This can be applied for seperately under an experimental scheme approval which should be approved by the end of 2018.
- You seem to be pretty high on the Harris/Suncor consortium and sent a schematic depicting that the solvent would be injected down the wellbore with the antena. Did any of your staff tell you that they had arcing problems in the wellbore and are going to try to drill a third well until they see if the can solve that BIG problem?
- Also, its obviously better if you have a technology that heats to steam saturation temperatures at depth without the use of solvents which adds significantly to costs. You have to buy the solvent, store it, pump/inject it, recover it and seperate it which all ads to capital and operational costs. DUH!
- You are correct that winter access only for the drill site that is why the drilling and completions is scheduled during winter access. Once they get downhole and surface equipment installed they can heat and test to their hearts content and by that time the road is scheduled to be built and construction started on the facility shortly after that. However, the road and the facility does not exclude them from continuing on with their test.
All your naysaying is not based on anything factual. It comes down to testing and proving the technology which the AER is very pumped about and starting to get some attention from industry (no one wants to be left behind). The only other concern is getting additional funding which they are working on.
Not sure what you purpose is for all the naysaying without any facts but it is usually done by someone who is shorting, has a vested interest in alternative technology or just has a big ego and trying to show your knowledge by being a contrarian to the board.