AOGCC UpdateFor those interested, DME's request for extending tempory abandonment status for Wells 1 and 2 to March 31, 2022 was approved today. Jessica Davey (VP of Land for DME) was in attendance but did not speak. It approving DME's request, it was explained that DME had communicated that it was facing 40 week lead time for key items needed for production at Wells 1 and 2, plus the additional time needed for delivery and assembly. In discussion, the Commission noted that equipment delays were quite common in the industry right now.
I assume DME wanted to have a significant buffer - as March 31, 2022 is really far out. FYI, from other discussion at the meeting, it appears DME would need to approach the Commission again for approval to access/test a well that is in temporary abandonment status (as Wells 1 and 2 will be for the foreseeable future).
In summary, there really weren't any significant new DME updates from the meeting - other than the actual approval of its extention requests for Wells 1 and 2 of course. The extended timeline for production at that gas field by DME was already discussed by Robert in the Ellis Martin interview earlier this morning.