Just got off the phone with PFC. They have confirmed that the fraccing crew of choice has been signed up for Baldwin & McIntyre wells. The only issue could possibly be the weather from here on in. Should the weather become terrible when ready to fracc, a small cancelation fee is all that it will cost PFC.
After pressing them, they told me that should the weather be what they envisage it to be, they expect to fracc. They are detrermined to fracc by the sounds of it, & are jubilant with what they encountered in their 1st well.
It was stated that they have even higher hopes for this BKP well, due to the location. When I asked him why they did not drill this BKP well 1st, he said it was because PFC shareholders wanted to got to their 100% owned well 1st.
No matter how much I pressed, he would not give me even the slightest bit of info on how the drill is progressing. Said there should be an update soon.
Hope that helps!
GL all barakans!
BKP Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
