RE:CC: EN JOINS JY In Q&A !!! LOL !!!All great stuff. Yes EN pushing %....but of course we all know this requires BOD....but good to bring up....
He is a big holder and knows what is coming...
Eigen337 wrote:
EN WANTS 75% of FCF but EL is NON-COMITTED as it is a BODs DECISION !!!
VERY INFORMATIVE CC !!!
Biggest news is the NEW DRILLING TECHNIQUES:
4 LATERALS of 2 MILES instead of 8 LATERALS of 1 MILE !!!
COVERAGE is the SAME but FOOTPRINT and COSTS are NOT !!!
2 MILES make the INDIGENOUS people VERY HAPPY as they 'could' GO UNDER ROADS and PROTECTED PEOPLE ZONES !!!
The SUPER PADS are CHEAPER per UNIT MILE COVERAGE !!!
Remember this at PEAVINE (Clearwater):
50 SECTIONS DE-RISKED in mostly WESTERN and SOUTHERN parts !!!
20 SECTIONS are CREAM of the CROP in the SOUTH !!!
4 WELLS per SECTION !!!
80 WELLS are TOP DOG !!!
GO FULL BLAST 3 DRILLING RIGS FULL TIME after spring break !!!
ONE EACH at:
- Peavine
- Lloydminster
- Peace River
ALL HEAVY OIL !!!
Lloydminster is the MASS RESERVOIR of BTE !!!
BTE is GOING BACK to THEIR ROOTS !!!???!!!
This is my opinion only.
Eigen337