just looking at a recent presentation released by SGC
*Sacgasco operated, drilled and completed 10 000 high pressure Dempsey 1 15 well safely and efficiently in 2017 18
what flow rate is the well currently producing?
when they say efficient, what was the end cost of the well? i want to know what level of efficiency was achieved..
my research shows no production at all?
CRC WILL BE CO-VENTURER IN BORBA PROSPECT
what on earth does that mean? are they putting in capital and taking part or do they just have have working interest? the definition means it shares in the capitalization. so how much is it contributing for what WI?
definition
co-venture
noun
a business project or enterprise undertaken jointly by two or more companies, each sharing in the capitalization and in any profits or losses.
- Targeting Q4 2019 Drilling Program
just a few questions on all of that, you would literally need to be drilling right now to avoid the wet season in Q4? its insanity to drill in the wet season.. i remember alvares was not to tested with a workover due to the wet season and postponed for 9 months
you cant be seriously drilling Demspey Q4 in the wet? surely its completely incorrect? you would need all partners cashed up, the equipment about to be mobilised and the site completely prepared for a drill right now today imho, thats if you wanted to avoid the worst of the wet season
which partners are involved? what are their respective WI and has the operator the capital to contribute to the WI?
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