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Pennant Energy Inc PENFF



GREY:PENFF - Post by User

Comment by AlternativeViewon Jan 26, 2012 10:58pm
234 Views
Post# 19455611

RE: RE: You have seen the pictures of the frac

RE: RE: You have seen the pictures of the frac

 You got the timing wrong.  Never a chance of cash flow until April.

Pour yourself a drink an wait to see what tomorrow brings.

"Surveys have been completed and contracts are in place to construct a 1.5 mile tie-in for the 14-29 and 15-32 wells. Both wells were drilled from the same surface location and will be tied into shared surface facilities and pipeline. Field construction operations for the pipeline are expected to commence in mid February with the facilities ready for production to start April 1st. "

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