Summary of news expected from Pro31 May 2020 13:40
Author: Proselenes
May 29, 2020 - 01:05 AM
Summary of the Proactive Webinar from TXP
So in summary :
Coho production on line from October 2020 (OCTOBER 2020)
Cascadura pressure recorder readings maybe next week or second week of June. These will inform on the MINIMUM pool size of Cascadura as well as likely production flow rate. (JUNE 2020)
Cascadura reserve report should be released before middle of July with P10/50/90 figures. (JULY 2020)
Chinook should be drilling in July with results end of July/beginning of August. Top drive added to the rig for better drilling performance. (AUGUST 2020)
Chinook testing if successful while drilling Cascadura Deep (SEPTEMBER 2020)
Cascadura Deep well now in planning, likely September spud (rig already upgraded pre-Chinook with a top drive). Still very interested in what they will find in the deep - could be more liquid rich gas, or indeed, oil. (OCTOBER 2020)
Cascadura Deep testing if successful (NOVEMBER 2020)
Royston well planning now to be drilled in Q1 2021. (Q1 2021)
Basically, likely some big news every month now for the next 6 months.