RE: RE:Recoverable5 Aug 2022 13:50
Stas20......"delineation will bring this to the fore" And we start the work program in weeks.
The Company plans to further evaluate the three Frontier 1 sands through coring and open hole testing in the first horizontal well in the Barron Flats Federal Deep Unit targeting the Frontier 2 Formation during Q4 2022. Following the completion of this well, the Company will drill and complete a horizontal well in the Frontier 1 in the Barron Flats Federal Deep Unit. In addition, the Company has identified suitable well bores at its Cole Creek Unit to re-complete in the Frontier 1 for production in Q4 2022. As such, the current resource estimates as outlined are likely to be revised and/or reclassified after this evaluation program.