RE:RE:Upcoming news?I spent 25 years building facilities in Northern Alberta like this and this cold weather is going to be a killer on the scheduling. The temp up there right now is near -30C Productivity drops 50%. I Don't think the frost is down too deep so that it shouldn't affect the pipelining too bad, but we will be very lucky to keep the facility construction on schedule.
All hydrotesting would have already been planned for use of 50/50 water/methanol so that won't cause any extra expense.
As far as surface facilities, you can expect a lead purchase of surface facilities for each well as I am sure they will be installing a seperator package at each well and in the case of multiwell pads shoukd they develop that far, they will probably require the installation of group seperator.
If they hold their completion dates as stated, I will be very impressed. Either way, I'm in it for the long run as I think there is a very bright future for this company.
GLTA,
Steamy