Mull58, i know that they were building storage tanks on site. Do yo know the capacity of these? Also a while back we were given the go ahead to extract 3500 bopd. 16 tankers worth? So if we aren't holding on site and this is a daily draw we are looking at 1300 bopd. Seems a bit much from one well? Maybe a mixture of on site holding and oil drawn if not and it all flowing then it defo is brakes off and hold on.....
If we do place then i would expect to see more skin in the game. Flow oil and build it up with sidetrack and more wells . As dsfat mentioned cash is king, re invest in new wells and then goldorooney time . Sell greenland if offer is good. Oimo
Buckets and spades for Greenland and gold pan's for Wales. We need money from oil. One well will roll the money for 2nd and so on. Horizontal well would be jubbly.
For me is the confidence in doubling your holding in the past few months. Mr. Langlands has an interest in 9,000,000 . we are in an open period just now but for how long? Just one big contract and it could move north.
Within a few weeks and the the public vote..... i know an RNS mentioned the time scale. But it did mention these were not set in stone. So with our nose to nose relationship this might be quicker. Then take off after the off take... results first though. Nice entry ahhhhh iam sounding like a ramper :-)
No major impact on the local environment , superb. One more report then iam sure its a 60day consultation period for public discussion. Then it's OFFTAKE TIME