U will find that there's a lag between info available on the UOG site & daily proceedings. Its b'coz the in the US, the operator have to notify the State Dept about the status et al. This is not a day-to-day job, since they have data coming in from scores of wells & plenty of operators in the state. So their website will always show delayed updates. Its good to check historical archives though.
Secondly, when a company flow-tests a well, its not necessary that they put it into production straightaway. They could simply flare of the gas, take a few pretty pictures, collect the data & inform the authorities, period.
Depending on proximity to the Williams NW pipeline, the two wells need 2b tied to this pipeline for sales to commence later this year.
This will come down to budget/MOU/Sales agreements they have in place etc. Thereafter a monthly/bi/qtrly update should b provided by the operator to the UOG authorities for regular update.
cheers
GDN Price at posting:
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