Post by
Gaswell on Feb 24, 2010 1:46pm
Flaxcombe Well License
I noticed that Novus has obtained a well license for the Flaxcombe area.
It would appear as though they are getting ready to drill in the Viking.
A most immpressive 3.5M shares traded so far today between
.92 &
.94.
Comment by
Gaswell on Mar 01, 2010 3:20pm
A total of 6 licenses have been granted so far for the Flaxcombe / Whiteside areas. A mixture of horizontals and verticals.
Comment by
Gaswell on Mar 04, 2010 8:44am
Hey Big B!I am well aware of what we are waiting for.The six wells I am referring to are the ones that were licensed between February 10-24, 2010.And to keep you up to date, there have been an additional 7 wells licensed on March 01-02, 2010.I have heard rumors that they plannin on drilling upwards of 100 wells in the viking this year.
Comment by
Bytes on Mar 04, 2010 10:21am
Whoops Big G! After i wrote that, I was wondering if you were talking future plans and I was talking present. So, the Feb and March well licenses you are talking about would add another 13 in Q1 to the 6 drilled in December = 19 so far? Sounds like they could get close to 100 once they get ramped up? I'll call Julian and see what their plan is for # of wells drilled this year.
Comment by
Gaswell on Mar 04, 2010 1:23pm
Ha Ha......no worries.Just thought I better clarify myself.