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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 principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and once identified and evaluated, to negotiate an acquisition or participation subject to acceptance by the exchange to complete a qualifying transaction. The Company does not own any assets, other than cash or cash equivalents.


TSXV:TLC.P - Post by User

Bullboard Posts
Comment by prospect_93on May 31, 2010 3:45pm
306 Views
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
Bullboard Posts