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Canadian Imperial Venture V.CQV.H


Primary Symbol: CIMVF

Canadian Imperial Venture Corp is engaged in the business of identification and evaluation of assets in Canada.


GREY:CIMVF - Post by User

Bullboard Posts
Post by SENSAI1on Feb 13, 2008 4:19pm
427 Views
Post# 14368544

Monday Feb.11- Shoal Point Update

Monday Feb.11- Shoal Point Update

https://www.shoalpointenergy.com/news.html


Spud date 6-8 days from Feb.15.

Shoal Point Energy - 2K39 Project Update – February 11, 2008

Today the company received the following update regarding the Nabors Rig #45 move from Alberta to Shoal Point.

  • Started loading trucks on January 27th and finished loading on February 1st for a total of 5 days loading out rig #45.
  • Last rig load started moving on February 1st with a predicted 15 day move across Canada to Newfoundland. (last load expected February 15th.)
  • Rig will take approximately 6-8 days to rig up and commission, depending on the weather.
  • Location work today February 11, 2008:
    • Held safety meeting prior to starting operations.
    • Not sure what trucks will arrive today due to weather & road restrictions.
    • Finish spotting matting base for substructure.
    • As of Monday 07:00 AM total of 50 loads unloaded with 17 loads left to come.
    • Shut down operations for the day due to high winds and unable to operate cranes in the severe wind conditions.
    • We will start up again tomorrow am if weather permits.
  • Substructure Over width, over length and overweight loads are caught in a storm on the NS & NFL side of the ferry, waiting on the weather to subside. They are predicted to arrive in Stephenville late today or tomorrow.

Rig move progressing well, but some trucks behind 2 days due to weather and small mechanical problems. As expected we had had some delays at the ferry, with no major delays as of morning of February 11th.

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