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Bullboard - Stock Discussion Forum Cuervo Resources Inc CRVNF

"Cuervo Resources Inc is an exploration stage company. The Company is in the business of acquiring, exploring for and developing mineral properties in Perú."

GREY:CRVNF - Post Discussion

Cuervo Resources Inc > Gas Plant
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Post by leakeybill on Nov 14, 2005 2:00pm

Gas Plant

Is it possible that Find could completely fill that gas plant with their current drilling inventory and the future wells they will drill by year end. In any case with infill drilling and the fact that they can drill a well in less then a week what will be the net production to find when the facility is totally operational and will they have to move any of their existing production over to the new plant. Should they consider a plant expansion or is this simply jumping the gun.
Comment by dgh7 on Nov 14, 2005 2:14pm
It is my understanding that Find is not allowed to fill the new processing plant in the Pembina area, exclusively with their own gas: "... Find anticipates that the plant should achieve its 30 mmcf per day capacity in February. Find will operate the plant and hold an 85 percent ownership interest, providing proprietary access to 25.5 mmcf per day of through-put capacity." I agree ...more  
Comment by duckhouse on Nov 19, 2005 11:27pm
It is my understanding that Find is not allowed to fill the new processing plant in the Pembina area, exclusively with their own gas: RUBBISH!
Comment by dgh7 on Nov 20, 2005 12:47am
Perhaps, technically, I misparaphrased the Q3 report. "... Find will operate the plant and hold an 85 percent ownership interest, providing proprietary access to 25.5 mmcf per day of through-put capacity." You are nitpicking Duckhouse (will all due respect). Yes, I should have posted: "Find has (only) a proprietary access to 25.5 mmcf per day of through-put capacity" ...more