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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
Post by Hubbieon May 09, 2001 11:17pm
352 Views
Post# 3720579

Looks like Hunt/PCP results are confirmed..

Looks like Hunt/PCP results are confirmed..Great pics Newfiee. Looks like 6, (probably 7) 400 BBL tanks on site (some are a bit taller, but are narrower, 400 BBL is the standard). Give 2800 BBLs on site storage. Tank trucks look like they are loading up on a regular basis - about 200 BBl's per truck. The flare - hard to determine how big it is without reference - anyone know the hieght of the stack?? Based on my experiences, this would be about 3 to 6 mmcf/d flare (flare diameter, pressure, stack height, etc all play a factor in getting a good fix on this). But, based on the distance from the top of the stack to the first sign of flame, I would say they got pretty good pressure there, and if the stack is 80' or taller, there appears to be at least a 20 ' flame. All bodes well for the inital reported flow test results from Hunt/PCP. Based on gas volumes, we have at least what was reported from these tests, and maybe more. Just one thing bothers me about the pics - if those tanks are full, that poor little dyke around them will not be enough to contain anything if they spill -- or overflow!! To everyone who bought in today, thanks for the opportunity to take some nice profits today, and you are welcome for the chance to get into this play. What I have left will be staying with me for a LONG, LONG time. Lawnboy, hope you are right with all the "supposed" activity - site visits by management, gov't officials, etc. Something tells me you are.
Bullboard Posts