CND 3.13% 3.1¢ condor energy limited

trading halt, page-9

  1. Ya
    6,809 Posts.
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    http://finance.yahoo.com/news/PetroFrontier-Corp-announces-cnw-2299388907.html?x=0&.v=1

    IMO this could b abt the delays with the rig move to next location. See the link above & the snippet frm it abt the delay.

    --------------------------------------------------------

    PetroFrontier will suspended Baldwin-2Hst1 and then move Major's TXD-SS2018 rig to the second location in the current program, MacIntyre-2, located in the northeastern corner of EP 127, approximately 60 km to the northwest of the Baldwin location. The rig once released is expected to commence drilling the MacIntyre well in approximately three weeks following minor rig modifications. PetroFrontier has redesigned and re-engineered the MacIntyre-2 well to be drilled as a deviated pilot hole kicking off to a horizontal in the Lower Arthur Creek "Hot Shale". This new well design is expected to result in greater drilling efficiencies and substantial cost savings.

    PetroFrontier will issue its next update once a date has been determined to spud the MacIntyre-2 well.
 
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