RE: RE: Positive News Today But ..................
Drilling 3 more in the Lloyd area is great news but they failed to give us a time line as to when drilling would begin. Overall, the market is seeing it as positive and I hope its up up up from here! Good luck to all!
Mr. Benson further announced today that Nordic and its partners in the region will be undertaking the drilling of three new wells in the area - C6-24-050-02W4, 3D-11-050-02W4 and C7-14-050-02W4. The project is to drill, complete, equip and bring onto production each of the three wells. When completed, this will bring to 17 the number of wells on production at Lloydminster, and will have a positive impact on the production totals coming from this area. Nordic has a 33 1/3% interest in all of the wells at Lloydminster.
I don'y think that Nordic (33 1/3%) would know the time line on the three wells, Their partners ASX and WPP
(33 1/3%) (the operate) are still waiting for the drill permits from the gov. so no time frame is available but should be soon.
Could be wrong, commences
Year of the Profit, Oilseeker