TSXV:TLC.P - Post by User
Comment by
prospect_93on May 31, 2010 3:45pm
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Post# 17144253
RE: Anyone else?
RE: Anyone else?
No other companies are actively drilling it right now near ACG's lands. ARC is playing the Montney and that's about it. Galleon's land is north of the aquired lands. There are several vertical producer's in the area that have accumulated 100-300 Mstb. As the oil wells are not blanketing the area, it would seem the producers may have been naturally fractured. This means drilling through the Nordegg Formation horizontally and applying a large multistage frac should create the permeabilty where ever the formation is present. The zone is oil soaked, based on core analysis, but needs permeability enhancment to flow. The technology is here to make it happen.
Do you have the location of the Galleon Nordegg well?
I notice Mackie is buying up a storm right now. Can't wait for the other big players to start piling in.
GL