RE:RE:RE:Only 1 Well has been turned On
Yes, I believe we have another 10 MW plus from well 9-3. That well was producing 4.8 MW before the remediation and expected to bring an additional 4-8 MW. That would be 8.8 MW on the low and 12.8 MW on the high. I think 10 MW plus is within reach. Plus we are not even sure if other wells are running at full capacity.
Well 9-3 is the stronger of the two wells (12-3 and 9-3)
The company's break even (as indicated many times and on the last C.C.) is 55 MW net. Yes we will not receive distributions from the project unless we hit 65 MW net, but this is old news and the company is really not expecting this anyways. The 59-63 mw target has been the projection for a while and if we should get more this would be a nice surprise.
Anyways we are talking about the same thing over and over. Just read the PR's and the info is there.
I'm hoping for a positive flow of steam when well 9-3 re-opens.
Mark