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GREY:MGMCF - Post by User

Post by byppon Oct 29, 2013 8:33pm
171 Views
Post# 21860132

Conoco places security deposit

Conoco places security depositNothing too new or surprising, but a good bit of news nonetheless. It's great to see their plans are moving forward with the two horizontals this winter!!


From the SLWB site:

"On October 29, 2013, the Sahtu Land and Water Board received confirmation that 
ConocoPhillips has placed its required security deposit for Water Licence S13L1-004 as an 
irrevocable standby letter of credit in the amount of $512,682.40"

 
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