However, a truck can only carry 200 barrels of oil, compared with 60,000 barrels in one unit train, or nearly 600,000 per day on the Keystone Pipeline - the equivalent of 3,000 trucks.22 Apr 2018
How long does that process take? DEPENDS BUT LESS THAN A MONTH
If successful will there then be a process of testing? NO THAT IS IT
What is the procesa to then get these wella into production? SURFACE PUMP AND STORAGE
Will there be barrels transported by truck or will we be awaiting a pipeline to be built? TRUCK
Sorry for the biltz but really believe you will hit on both wells and just wanted to understand likely timelines for news and how you start to generate cash from these wells.
You be better of with tea bags than charts... mystic meg took that from me . I have a timescale to jump in but waiting for the last tree shake and then shorts will be closed and we have lift off
Malkis how long you been invested here? A chart doesnt help when we had more buys than sells when someone would buy 20k worth and the next trade for 100 quid dropped the price.
The scum can do what they want with this share and we have some time before news. It could go at any time but will require a RNS to get it moving i believe.
Just on the face of it how can the company mkcap be so low when they have that much money in the bank and 10 million a year renenue.
Charts mean f all in AIM and with almost 0 volume they have walked it down.
Saying that this might be the bottom but at these levels 1p makes a big difference in the number of shares.
I believe this will go to ££ in due course but have a target of 43p next year just on these two wells
Maikisyou are confusedi am very pro echo and got burnt by the dodgie market so sold out around 11p. I Am buying in small amounts now from 7p but will go balls deep if they fix it down lower which i expect as nothing here makes sense or feels right on this market.
I need some help here. So they will begin 2nd week of December? How long will this take? What are the likely results if really good? Do we end up with huge asset in the one onstance which might flow a 1000 bpd? If so with the location how do we get the oil to market?
Sorry for the biltz but this might focus the minds of less imformed investors like myself