ROG red sky energy limited.

Ann: Becoming a Substantial Holder, page-90

  1. 7,894 Posts.
    lightbulb Created with Sketch. 1091
    so, all i'm seeing is whining about a pump, like its the only thing that is slowing Killa, ffs.
    seriously people, did you read the announcement, the quarterly??
    i'll refresh your memories.
    i highlighted the part that is most relevant to the "delay",
    if it was just a pump, do you all think AK would have got one already?
    he has to deal with the gov still/again.
    so that takes time.

    heck, i'm going through the same with the SA Gov, and in true beaurocratic fashion, they are taking ages, 1 year so far and counting.
    so just read the report,

    KillanoolaRed Sky finalised an agreement with Viva Energy Australia Pty Ltd (ASX:VEA) to purchase all crude from the Killanoola oil field project, ensuring a steady revenue streamInitial flow rates from the DW1 well showed promise despite subsequent mechanical issuesTo replace the faulty pump at DW1, two alternatives are being evaluated:
    (1) a cost-effective usage of a crane with specialist’s pipe handling tools, resulting in significant cost savings;
    (2) a conventional workover rig, depending on availability within South AustraliaPlans for new Killanoola KN2 well involve relocating the well pad to a new position, necessitating site reconfigurationPlans for new SE2 well involve a new well site
    Ongoing discussions continue regarding condensate blending to alleviate pour point issuesActivity Notifications (ANs) to be submitted for DEM approval, including DW1 workover, KN2 and SE2 well site preparations, and drilling of KN2 and SE2 wells
 
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