GREY:MGMCF - Post by User
Post by
glaciermanon Sep 06, 2013 12:08pm
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Post# 21722949
Re: Company Specific News
Re: Company Specific NewsShammy, I grabbed this from the IFR website. Me thinks that Shell has put a gag order on the well results which is so typical of Big Oil (and SO FRUSTRATING).
EL-466B MGM Energy – MGM- 62.50% Shell Oil – 32.50%
The East Mackay I-78 well was drilled, cored, fracced and production tested. MGM reported
encountering oil in the Canol Formation. Well data is on confidential status.
2013 CMV Annual Land Sale
The 2012-2013 Call for Bids was announced on May 18, 2013, bids due on September 17, 2013,
license awards should be announced before the end of September. In July the Department of
Indian and Northern Affairs removed one nominated area from the land sale, as a result the Call
for Bids now only covers one license in the Sahtu area, the remaining five parcels are located
north-west of Norman Wells close to the Yukon border.