RE: News...PP re-priced and closed.
The part i like best:
In other operations this week, the Company plans to retrieve down-hole pressure recording equipment and obtain additional bottom-hole liquids and gas samples from its recently announced discovery well in the Porcupine Hills. Once the pressure recording equipment is retrieved, the information will be analyzed to give a better understanding of the well's flow characteristics.
CEO Sean Kehoe stated; "We are all very interested in getting this flow and build up information back in addition to getting a better handle on what our gas to condensate ratio is down-hole. Once we have determined how big the tank is and how much condensate is involved, we will be in a better position to lay out plans to get this reservoir on production."
Does anyone know how long it takes to analyze the data once the recording device is recovered???
Thanks!
Toto