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Ann: Vali and Odin Update, page-28

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    In the December Quarterly it states the following regarding the proposed Odin gas production:
    • Concept Engineering studies to evaluate options for connection of Odin-1 to the Vali-Beckler pipeline were completed during the quarter
    • Site works on the Odin accelerated connection commenced in December with right of way surveying
    • Line clearing and trenching commenced in January
    • The installation of a 1.4-kilometre Fiberspar connection from the well-site to the mid-line riser of the pipeline currently being installed
    • Other connection infrastructure both rental and permanent will be installed in the coming months
    It sounds they have well and truly got stuck into the construction development for the Odin gas production.
    Vali construction started in mid September last year and had taken now about 5 months with over 13 km of pipeline while Odin has only 1.4km of pipework, wouldn't be surprised with minimal delays, Odin possibly coming online in 3 months time, fingers crossed. This time around the board is being very cautious with its timeline predictions.
 
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