GREY:LSTMF - Post by User
Comment by
Wellsitteron Apr 27, 2010 11:07am
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Post# 17035042
RE: Hang ups
RE: Hang upsObviously they will need more than 5 or 6 rigs to drill 90 wells this year but the point (if you actually care) was that your assertion, that June-July would be a disappointing time for PBN holders and watchers, is demonstrably wrong. By the end of June they will have mobilized 5-6 rigs, perhaps more, perhaps less. They will have drilled and completed 4-5 cardium wells, perhaps more or less. Generally speaking, they will be drilling some very exciting territory with some very exciting potential. Activity + excitement = volume.
If you truly knew anything about oil and gas wells, then you would have known that EUB is the licensing authority in Alberta and ERCB conducts well site inspections based upon Guide 37 regulatory requirements (equipment, personnel, spacings, certs, etc). In my view, your credibility would not have suffered such a significant blow if you had simply said "Oops! I misstated that. Meant EUB!" Instead you continue to blather on about something that every knowledgeable person reading this forum knows is dead wrong.