RE: New RNS - Rig contract7 Dec 2022 09:35
Would have preferred an earlier spud date, the location close to the Dalton does mean we have a little extra time before season closes but it is tight, so much depends how cold it remains, in any case once extended daylight hours happen (late April) ice roads will soon become untenable.
We do not have sufficient funds to pay for drill, ice roads & pads, wire logging etc, so that is an issue that needs resolving, certainly no chance post drill if a failure imo.
Unit application always had to happen after so many years, bit confused by "Toolik River" then "Project Phoenix" and of course the conflicts in drill timings, perhaps the company had already been told that Hickory-1 will have to drilled on ice.