GREY:ARWJF - Post by User
Comment by
green_CCZon Mar 19, 2014 9:08am
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Post# 22339908
RE:RE:Spring Break up coming
RE:RE:Spring Break up comingIt’s called spring breakup and during April and May drilling activity in much of the Western Canadian Sedimentary Basin comes to a standstill due to mucky terrain, road bans and weight restrictions on heavy vehicles that normally transport drilling rigs and service equipment to work sites.
Aroway will use this time to produce at a much better rate and build cash-flow from a much better production compared with Q2 when they realized 545boed, paid down the low debt and finalize analyzing the Kerrobert 3D survey data until drilling can be started, in my opinion probably June ...