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GOLDNEV RESOURCES INC V.GNZ



TSXV:GNZ - Post by User

Bullboard Posts
Post by grandvinon Mar 20, 2007 11:19am
239 Views
Post# 12450771

Time frame for tie in and drilling

Time frame for tie in and drillingOn June 01 2006 management stated they were going to tie in and begin production of the 3 existing wells on the Noel property by fall 2006 and then twin into these wells with a 3 well drilling program total cost for both phases $3.65 million. Stating an optimistic 12 month target of 1000 boe/d. To date the company has raised around $1.2 million less costs. What is the production flow rate of well A-87B, is the flow rate consistent with the Burlington wells. Why hasnt this well been tied in?
Bullboard Posts