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  1. #11
    FEAR n GREED JBmurc's Avatar
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    Sep 2002
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    From HC forum-today- 9c is a joke ....STO will come knocking if we see strong Gas flows ..

    >>direct from RLE. That is (paraphrased), "we are currently securing a contractor to complete the frac. Once secured, fracing, clean-up and flow testing can commence. Note that flow testing should soon follow clean-up as we (RLE) are not expecting significant volumes of water. "

    As was the case with securing a rig drilling T2 & T3 RLE contractor availability is determined by timing of other operations. From my conversation and the use of the word 'imminent' in presentations i'd assume we'll get an announcement saying 'contractor secured and frac to commence on xx date' in the next week or 2

    Yes patience is needed >> think it will reward richly
    Last edited by JBmurc; 25-06-2018 at 11:38 PM.
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

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