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Canadian Imperial Venture V.CQV.H


Primary Symbol: CIMVF

Canadian Imperial Venture Corp is engaged in the business of identification and evaluation of assets in Canada.


GREY:CIMVF - Post by User

Bullboard Posts
Comment by Hubbieon Mar 01, 2001 3:29pm
243 Views
Post# 3407220

shiftyone...

shiftyone...is that 310 mmcf for the Cosselle? Impressed if it is. what would be the turnaround time to load, transport, unload, & return to Panuke? Keep in mind that Cosselle is still not a tried, tested and true alternative to transporting significant amounts of gas. Panuke development will go ahead, but not on the premise of an untried technology for gas transportation. However, when Panuke comes on stream, and is followed up by other significant offshore gas discoveries, then, IMO, Cosselle could be an effective method to transport gas from one facility to another to utilize existing Panuke (and most likely expandable) pipeline space. Again, just my opinions. I think Cosselle has tremendous potential for smaller projects that can't be developed as stand alone projects if they require a permanent pipeline to shore. However, with larger plays, like Panuke, the economics are most likely in favor of a permanent flowline.
Bullboard Posts