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Timeless Capital Corp V.TLC


Primary Symbol: V.TLC.P

Timeless Capital Corp. is a Canada-based capital pool company. The Company’s principal business is identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (QT). The Company has no assets and has not generated any revenues.


TSXV:TLC.P - Post by User

Timeless Capital Corp > march 2011 Just the facts
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Comment by Paracelsuson Mar 29, 2011 7:37pm
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Post# 18358398

RE: RE: RE: RE: RE: RE: march 2011 Just the facts

RE: RE: RE: RE: RE: RE: march 2011 Just the factsThe time frame I got was sometime in May there should be some drilling. The figure is for oil in place which is not the same as a proven reserve that is producing. It is heavy oil as well in Nordegg. We will want to see high Initial Production figures as well as Stable Production. The drilling will be deeper than earlier wells to test and shock the shale rock through hydraulic over-pressuring techniques and the use of horizontal drilling. I am not a client of RBC, so perhaps someone else could take that on.
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