Hopefully the rig is not powered by batteries that need charging with the nearest charging station located miles away (and upon arriving found to be out of order).
This from an announcement dated 18/12/23:
Total field and plant operating cost is highly attractive at around US$100-120/Mcf of helium productgas (full capacity) with targeted helium production of 38 MMcf in first full capacity year...
It is expected that Voyager will ultimately utilise a 20 well development inventory...
So, the highly attractive costs quoted are based on the full 20 well utilisation. If so, then what are the costs based on with only a single or a few operating wells?? As expectation is for 20 wells ultimately, when is that likely realistically to occur? Guess getting to operate one or a couple of wells is a start - but still yet to start. The expected 38 MMcf production is quoted at full capacity - be a while yet, particularly as expectations may well fall short. Lets hope that at least a few wells will finally be operational in 2024. Best to all. AIMO
BNL Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
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