IMP imperial corporation limited

3rd nat gas well successful 15 wells to go

  1. 865 Posts.
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    Yayyyyy!!
    News just to hand that IMP's 3rd Natural Gas well is also as successful as the previous 2 wells.

    Now we look forward to the news of the 4th Gas well to be spudded in and the results due within the next 10 days.

    Then there are 14 more wells to go after No.4, in the current drilling programme.

    I know that at least 9 compacted drilling pads have been prepared already.

    The summer warmer weather has finally arrived to the region, so we should have less delay times now, between Gas Well results.

    Also, good news in the company announcement about how they are getting much more $$$ for their sales of gas ...now gone from around $7.50/Mcf up to now $12.43/Mcf

    Warm regards,
    Mr Muzz
 
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