Drilling exploration then production wells2 Dec 2021 07:56
Did you watch the interview Fitzy? . John Potter mentioned 3 exploration drills starting 1st December and then going on to 25 production wells from February. In the mean time the sand extraction plant also to be built.
I’m no expert either on this process but surely if production wells are going ahead, they would sell the oil from them whilst making the sand extraction facility.
I don’t know the level which they are drilling to or where in the process the sand is coming from.
I can only go on what John Potter said in the interview but it mentions not hanging around and that Valkor impressed with deep reserves, again no sure what their intentions are for that.