MAE marion energy limited

Ann: Well workover program expanded by 5 extra we, page-24

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    re: Ann: Well workover program expanded by 5 ...
    " As a result management has concluded that at least five of these old wells may be able to be returned to production at only minimal cost. Costs to put these wells online consist of surface facility work and installation of artificial lift."

    Surface facility work??? now that doesnt sound like the sort of decay and errosion HRABOC is suggesting does it?

    Quite a contrasting picture to the image of i get, if i was inclined to take hcraboc pov,,suggesting such debilitation that no-one would even bother, and cheaper to drill a new well.

    So,,have you been on site hcraboc, and inspected them??

    I guess thats the difference here, Jay Stratton in all likelihood has, and would only re-direct the board in this direction, as a viable route, if there were wells sufficiently preserved to be viable.

    In fact, they say at least 5. that means, that i would infer that have been inspected, and catagorised based on their condition.
 
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