MKE 0.00% 9.0¢ mako hydrocarbons ltd.

1,366 barrels per day of condensate, page-62

  1. V8
    10,794 Posts.
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    Drill it within 5 years or lose it.

    Implant and I had this conversation about 2 years ago and I have a few emails from the company some where.

    First lands start rolling off August 2015.

    Some options to extend for an extra year, Dont know what that is however.

    But have had differing accounts of what is required to hold lands in canada from different sources, MKE says must have production from a section to hold it, theoretically a single horizontal can hold 3 sections if you drill across them.

    Other sources have a single well holding the section its drilled into and all the sections around it.

    Gotta presume the company has it right.



 
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