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Looks like the US markets not to happy with enbridges debt situation if they go through with this. Deal to complete some time in 2024 with regulatory approval. Should not have an affect on operations though.
https://www.reuters.com/markets/deals/enbridge-buy-three-utilities-deal-valued-14-bln-2023-09-05/
They started early March. Due to cloud the first image of works happening were 18th March. They started just after the snow and frost cleared so good timing on their part,
They are digging a trench alongside a road for the pipe so really difficult to gauge the progress.
I tried signing up but it wouldn't submit. Maybe it recognises that I'm not in Utah...
The pipeline has been being laid for some time now so definitely ongoing. As I have said they started from the Gas Facility. The anticipated completion was late 2023. Can not remember when they started but can find out. Pics were on a Zephyr presentation (remember when shareholders had presentations!!)
They had the permit back in Feb/March. There is a map attached to it.
https://eplanning.blm.gov/eplanning-ui/project/2023341/510
There is a pipeline that runs south, there is also a new under construction pipeline that runs north to green river. Both start/end at the greentown gas facility which is Zephyrs gas facility.
Dominion DO NOT need Zephyr producing anything to provide green river with gas. However Zephyr DO NEED the pipeline to export gas rather than flaring it (or crypto! Yuk!)
If the gas had been completely stranded from any infrastructure they could have gone down the gas to power route. Although an expensive start up and would require consistent gas supply.
It is no accident that Dominion have chosen to continue the pipeline from the facility. I’m sure they are well aware of all the operators around green river and their potential to supply gas.
Thanks Ford. It didn't specifically say the start valley rig in the SDX rns. Just put one moving from MOU4 and SDX spudding together for that one. As I said it could be stored elsewhere.
O&W. Agree. I've been here a lot longer than many of the current posters (although not quite as some). I often switch off from this board as it preserves my sanity.
May have answered my own question...
"SDX Energy plc ("SDX" or the "Company") is pleased to announce that it has commenced drilling the Ksiri-21 ("KSR-21") well in Sebou Central of the Gharb Basin, Morocco. "
Did anyone notice that the rig moved off MOU4 last week. Not sure if it was mentioned as so much 'Gumph' on this board it is a waste of time reading most days.
And no it has not gone to storage at MOU2 (It never has). Not sure where it has gone. I think they may have a storage facility near Guercif or it could have gone back over to SDX territory. Either way the pad is clear for test equipment as are all the others.
Federal 28-11 Production for July
9 days
394 barrels of oil
1314 Mcf Gas
No water
Still no movement on any other outstanding permits from November last year and March. The comment in the RNS does not mean there has been any improvement with the permitting situation.
That piece doesn’t look very long and is broken. I wonder how long it took to get that one out??
It also makes you think as what’s the reason they didn’t leave this and sidetrack and how much quicker and/or cheaper it would have been. They must have their reasons. The natural fracture being one of them and possibly the insurance situation. They could have even have drilled a couple of new wells in the same time. However the permits probably wouldn’t be complete yet!
The October wells coming online will just replace the ones that are naturally depleting and maintain a steady income flow. And cash from them won't be received until a couple of months after they are online due to payment terms.
Coordinates are correct.
There have been some subtle changes in the past two weeks at 36-2. It was fairly static before that.
Surface temperature still looking very hot though and don't think the rains cooled it much.
As I have said many times. Who had the several million shares that voted against the board at the AGM?? And why did AF resign at the time also....
Unfortunately it looks like the major holder who could have helped oust the ailing BOD has now sold up.