RE:TestingThe reason BBI took so long to release test results from the last well is the AER only allows 600E3m3 flaring volumes on exploration wells. After this amount if your CO2% is not at a level acceptable to go inline (or you dont have a line) you basically have two options, 1 wait. 2 apply for flaring extensions. Also, the gas in the area is sour, you cannot vent sour gas so you need to supplement the burn with copius amounts of propane (reads $$$$$). This is especially true when trying to get the well down from 100% CO2 to a more reasonable level. Case in point, the fourth well is going to be slickwater, which is what the first three should have been! That alone will save huge dollars. Nevermind the stage story. Next comes ball drop and well be right in line with NVA & RMP who are drilling, equipping and tieing in wells for well under $5mill.
RTP