Looks like with Nap Ville they have given the project head ache to someone else and taken a smaller stake. They seemed tickle pink with the deal and we will have to trust their judgement. Where does this leave Josaphine? In or out of the deal?
It is long term stuff and frankly is not a major concern right now. Except would have liked to see some cash change hands on the deal.
Good to see D & L 3 maintaining production.
But you oil guys can you check this...
1 barrel of oil = 5487 cubic feet of gas
1million cubic feet per day = 182.2 BOE per day.
Add 265 oil per day plus 182BOE = 447 BOE per day.
http://www.eppo.go.th/ref/UNIT-OIL.html
Seems way too high.
I wish these guys well next week on Grizzly, of course we saw shows last few days on first target and not commercial. Now we are thrown another bone. We need a lot of gas and oil below would be nice. Market is in no mood for nickel and dime discoveries.
GGE would be nice of hook up confirmation on Albita.
Flux
Looks like with Nap Ville they have given the project head ache...
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