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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

GREY:MGMCF - Post Discussion

MGM Energy Corp > Husky Road Completed???
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Post by OilEng on Oct 10, 2013 7:07pm

Husky Road Completed???

You may remember that there was a media report that Husky was having problems completing their road because they used clay to fill in a swamp.    Well I am not so sure that this is correct.  Husky has posted weekly progress reports on their road contruction and can find no such problems.  However, they did have a very unusual problem with combustible shales which burned through some of the timbers on the wing wall on the bridge and created a safety hazard because of noxious gas. 

Yes, you heard it right, burning shale.   Apparently, the shale containes iron pyrite which when exposed to air generates heat and this in turn cause the sulfur in Iron pyrate to ignite and emit all sorts of nasties. 

Husky has removed the offending material and has replaced it with clay.  It looks like the problem is fixed.  They had some major delays due to rain, but it looks like the road is finished.  They working until the last week of September and seem to be finished???

If the road is compelte this would be great as they can start drilling the two vertical soon.  Is there anyway to find out for sure?
Comment by glacierman on Oct 11, 2013 1:13pm
Interesting…if you read the article carefully, they quote some Husky official as saying their drilling program is “flexible”.    That’s when the article turns to pure “coffee shop speculation” which is so typical of any small town.    We’ll have to wait until the Oct 24th earnings call to find out how much is fact and how much is fiction.   
Comment by glacierman on Oct 15, 2013 4:20pm
Folks, I hate to be the bearer of bad news but  it seems that Husky has cancelled it's 2013/14 winter drilling plans according to an October 11th letter.  Recommendation 4 Appropriate baseline studies are critical before more permanent infrastructure is constructed/expanded and before further year-round wildlife disturbance occurs. The Board urges the Sahtu Land and Water Board to ...more  
Comment by bypp on Oct 15, 2013 4:45pm
I saw the same thing last night. However in one of the other letters of the same date, they indicate that they plan to begin in Summer '14 upon completion of the road...
Comment by glacierman on Oct 16, 2013 10:49am
Thanks Bypp for referring me to that other letter.   It's a lively response to a Tulita community complaint.  Here are some excerpts: "Husky has already deferred all field operations, with the exception of completing the all-weather road and facilities and the on-going environmental baseline studies, until the summer of 2014. To our knowledge, no other operator in Tulita ...more