Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Greenfire Resources Ord Shs T.GFR

Alternate Symbol(s):  GFR | GFRWF

Greenfire Resources Ltd. is an energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada. Its business is the production and development of upstream energy resources from the oil sands in Canada, using in situ thermal oil production extraction techniques, such as steam assisted gravity drainage (SAGD). Its operations... see more

TSX:GFR - Post Discussion

Greenfire Resources Ord Shs > VERY NICE: FIRM TALE-OR-PAY Two Year SAGD DRILLING CONTRACT
View:
Post by ztransforms173 on Nov 15, 2023 11:00am

VERY NICE: FIRM TALE-OR-PAY Two Year SAGD DRILLING CONTRACT

- as far as I KNOW, they are the ONLY SAGD operator who has DONE THIS

* MEG CEO Derek Evans COMPLAINS about the LACK OF SKILLED PERSONNEL and SERVICE CONTRACT INFLATIONARY PRESSURE but has RESISTED TAKE-OR-PAY due to their STRICT POLICY of MANAGING and CONTROLLING CAPEX 

***


Greenfire entered into a two-year take-or-pay drilling commitment with an established Steam Assisted Gravity Drainage (“SAGD”) drilling contractor in Western Canada to provide cost structure and service availability certainty as the Company commences a two-year continuous drilling program.

https://www.sec.gov/Archives/edgar/data/1966287/000121390023087157/ea188369ex99-3_greenfire.htm

***
z173
Comment by ztransforms173 on Nov 15, 2023 11:34am
better now: VERY NICE: FIRM TAKE-OR-PAY Two Year SAGD DRILLING CONTRACT z173