Preliminary 3D results were indicated to be out mid year, so anytime from now onwards.
In my opinion, DW is already canvassing a list of potential FO suitors, and permits are already in place for drilling in Q1 2019.
RE: Cream the curve and the sweet spot18 Jun 2018 12:12
Not everyone will be aware of the IRR back in 2016. The company estimate is THREE times as much!
Of course the crux is commercial viability, otherwise we would be multiples of the current SP.
GLTA genuine holders.
RE: Cream the curve and the sweet spot18 Jun 2018 11:42
The resource is definitely in the ground:
A Prospective Resources Report by DeGolyer and MacNaughton, was commissioned by 88 Energy to evaluate the unconventional resource potential of Project Icewine in February 2016 and was released to the market on 6th April 2016.
Their estimate - 1B barrels.
Would somebody kindly tell me which part of last night's announcement merited any form of drop in the SP?
*Nitrogen lift commenced at Icewine#2
* Yukon Gold and Western Margin leases formally awarded
Project Icewine - Icewine#2 Production Testing
As at 0530 17th June (AK time), wellhead pressure was 370psi with a flowback rate of 166 barrels of water per day on a variable choke setting, in order to manage wellhead pressure (currently 28/64").
For the MAJORITY of us that prefer soccer.
After last night's thrilling game between Spain and Portugal, there are FOUR games today including France and the Argies!
Enjoy.
Right over your head as usual!
You have, on several occasions, stated that DW has only $40k invested in his company.
Would you please do some research, and then provide CORRECT information.