MGM capp conference call I just listened to the CAPP presentation again for MGM. Nothing else to do as we await some information from the various players in the central mckenzie valley.
Husky should have completed their testing phase on their 2 wells by now.
MGM should be close to starting their testing of their well.
Conoco is drilling 2 and maybe 3 wells in 2013 but they don't have permission to frac them at this time.
I'm a little curious that information has not really leaked out from what I see, but maybe I don't know what I'm looking at?
The presentation sounds very encouraging and once again highlights the large no huge resource that MGM has if this play is economical, we are talking billions of barrels of oil in place and depending on the recovery factor, it's still huge for a small player like MGM.
The other point that I like is the MGM has some of the best exploraiton people in the north today, and this considering their size is very impressive? why havn't the big players enticed this exploraiton people away from MGM? options ? Clayton ? just curious that's all.
have a great weekend everyone as we wait like muchrooms is the dark