MAE marion energy limited

More court stuff.... US Government Court Records.... Publically...

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    More court stuff.... US Government Court Records.... Publically available
    Case 14-31632


    Jeffrey Clarke under the microscope in the Bankruptcy Court...

    "Q. Okay. When were the 10 wells that are
    currently potential producers put in?
    A. They vary. The original -- there's two
    original wells that were drilled in the 1950s that
    were rehabilitated. There's a third well that was
    drilled in '90 something or other that was the
    subject of a lawsuit so it was never completed.
    There were two other wells that were drilled in at
    the turn of the century that were drilled and the
    company went bankrupt and never completed them.
    Q. Let me stop you right there. Just to
    make sure, I'm talking about the 10 producing ones.
    A. I am, too. I am, too, if I -- give me
    some credit.
    Q. I just wanted to make sure because I had
    thought that you had said --
    A. I really do know what I am doing --
    Q. Okay.
    A. -- contrary to popular opinion."


    more

    "Q. And, in fact, in September of 2014 your
    actual production was 230 Mcf; is that correct?
    A. That's what it says here, yes.
    Q. And you don't have any reason to
    disbelieve that?
    A. No."


    and more



    "Q. Okay. In paragraph 18 of Exhibit No. 1,
    your declaration, you say that there are 10 active
    or producing wells currently. Is that correct?
    A. Not today it's not. What page?
    Q. It's paragraph 18, which is on page 8.
    Paragraph 18 you indicate that Clear Creek -- that
    Marion began working to bring the field back into
    production, including the drilling or recompleting
    10 new wells at the site, which suggested to me
    that 10 new wells were in production. Is that not
    correct?
    A. They were in production. At this point
    in time, they're not.
    Q. Okay.
    A. At this very moment, they're not.
    They're going back into production, but at this
    very moment they're not.
    Q. Is there any production right now?
    A. No. Everything is shut in right now
    because a quality-of-gas issue.
    Q. What do you mean "quality-of-gas issue"?
    A. There's a slight -- the pipeline requires
    that you have a certain quality of gas. The gas
    coming out of the field when all the wells are on
    meets the pipeline specs, but when all the wells
    are not on, different wells produce different
    gases, inert gases, which can sometimes put you out
    of spec.
    We were out of spec because our biggest
    spec well was down requiring some remedial work and
    as a result of that the gas went out of spec about
    a week ago and so the pipeline shut us in.
    The well to get us back into spec will be
    repaired in the next day or two. We've bought the
    equipment and it will be back in spec.
    Q. You anticipate that being just in the
    next couple of days?
    A. Next few days, yeah."
 
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