RE: RE: Why is MGX Down today well things happen a lot slower in the artic where they need winter roads, and getting supplies is a lot harder.
and don't forget Shell is going to have 50% of this play at the least so they are not interested in 1 or 2 wells producing they want 100-200 wells producing so setting up the gathering system, batteries, etc, will be a major project.
but they might also want some production history before they invest 100's of million in infrastructure so maybe they will hook up the first 2 wells and produce them for 12 months to see how they perform.\
so they will drill 2 wells in 2013, hook them up in 2014 and then major project in 2015, which sounds about right.