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Bullboard - Stock Discussion Forum Primera Energy Resources Ltd V.PTT

TSXV:PTT - Post Discussion

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Post by stuckinonoway on Feb 06, 2012 5:24pm

parex

parex feb presentation says that enviro permit in place for snowcap 2,lease construction under way for green hermit,'rigging up' on firecrown.

there were some facility issues in t&t last year-don't know if that affected ptt for production-have to wait for financials(april ?)

when parex upped their stake in the jv i hoped it was to speed things up.they spud a well in july and one in dec on their other projects so maybe just had their hands full.

i was hoping for may of last year-oh well,i'll put this in the bottom drawer till may of this year.

good luck all.

Comment by geodude13 on Feb 18, 2012 5:56am
Here is the update from PXT this week....if things are good I suspect end of April; probably the normal delays with results in May. We had previously reported that the Firecrown-1 well, located on the onshore Moruga Block, reached a qualifying depth of 10,300 feet and penetrated both the primary and secondary objectives in the Herrera Formation, but we were unable to properly evaluate these ...more  
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