RE:Civilized UpdateCenterice9 wrote:
Can anyone provide an intelligent, civilized view as to where the company legitimately stands?
Thanks
This was a post elsewhere today by LCP.
Long chat with the CEO today. My takeaway is this: I believe they have in their pocket a path to effective production: The flushing water or raffinate/acid cycles as it has shown to be effective and finite. However, multiple other methods that are used and proven (in the O and G industry and others) to deal with CO2 issues are being tested to find a more elegant, faster, more cost effective long term solution. Of course some of the testing requires well field access so even though they are producing some they could be doing more. That isn’t the priority now. Well field improvement is and determining which promising process is best is what is being done.