RIA rialto energy limited

one more sleep , page-29

  1. 11,262 Posts.
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    Hey Auto,

    Jumped in this morning - as the drill program is fully funded and not over with - question though, from reading the Mar qtrly

    "The drilling of two development wells marked the commencement of the development activities at Gazelle. Phase 1 production from the Gazelle Field is planned for the 4th Quarter 2013/ 1st Quarter 2014 at 8,000 bpd of liquids and 100 mmcfd for gas."

    "A final gas sales agreement is expected to be executed ahead of FID for the Gazelle Field in the 2nd Quarter of 2012."


    Now if P-3 is NOT a producer will this likely mean that development and production FID does not go ahead regardless of P-4 result?



 
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