If this cementing squeeze goes well, (we have been told it has a HIGH chance of success, Oct 14 release), I wonder how long it will take to tie back in to the RG Gas plant.
Have they applied for a pipeline permit?
What is cost of pipeline?
Do they have a contractor?
It would be great to tie it back to the RG plant asap so as to have the ability to,
a; Run the plant at max capacity
b; have the flexibility to do maintenance on one well or the other whist still producing.
c; swing production to the highest condensate producing well so as to maximise revenue.
They have said that if successful this well, due to its proximity, allows for quick tie back to RG Gas plant.
Just what do they mean by that?? 4 months or 12 months.
I have been reading up on cementing squeezes and they really do not appear to be technically difficult, so I hope the preliminary aspects of the tie back process is well underway.
Cheers and good luck,
Simonmag
EGO Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
