"I was under the impression that this process, once initiated can take merely 24 hours"
-TLC operations are slow.
- Take time for a bit trip and add in a few extra hours for slower pipe speed while tripping with wireline cable attached to the tool. 10- 12 hours normal two way trip time plus extra - Add in logging time. Again take normal time you'd take to run the tool on wireline and add on a whole lot of extra time to allow for the fact you're tripping pipe every time you move the tool.
If they've already acquired pressures then a sampling only (say 12 stations) run on TLC would take a minimum of 1-1/2 days...more likely 2 days. If the have to acquire pressures then add on more time for that.
IVZ Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
