GREY:CRVNF - Post by User
Post by
shotskion Apr 14, 2006 2:51pm
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Post# 10678558
just haveing a second read
just haveing a second read and it is no wonder that find is smokeing.
- First quarter drilling results have prompted Find to begin the engineering work on a 20 mmcf per day expansion of the Pembina Blue Rapids Gas Plant which will increase the plant's capacity to 50 mmcf per day.
- Find's expanded 2006 capital program will now include the drilling of 77 wells (55.7 net). The majority of these will be drilled at Pembina West, where the Company is planning to drill 52 wells (38 net). ( one hot area )
- To date in 2006, Find has drilled a total of 17 wells (11.7 net) resulting in 14 gas wells (10.9 net), 1 oil well (0.3 net) and 2 wells (0.5 net) being dry and abandoned. The majority of drilling took place at Pembina West, where Find drilled 13 (10.3 net) gas wells. ( in the first 3 months of 06 )
- A total of eight wells are currently being tied-in and will be capable of commencing production in the second quarter.
Just some points that cought my eye.