GREY:MGMCF - Post by User
Comment by
shambano1on Nov 28, 2013 3:41pm
157 Views
Post# 21950986
RE:RE:RE:RE:RE:RE:will a new JV deal will be better than the last deal???
RE:RE:RE:RE:RE:RE:will a new JV deal will be better than the last deal???if you are expecting 20 wells from a MGM JV, you had better move on, it won't happen.
even the big guys are only getting approval for 2 wells, and that's tight considering all of the prep work that needs to happen before the wells start.
I'll be extatic if MGX can sign a good deal or 2 and drill 2 wells next winter, exstatic, happy, thrilled, etc.
drilling in the far north is not like drilling anywhere else, except maybe deep water drilling, things take time.
cheers and DYODD