I saw that and could not work out what they were meaning? "Phase 2"? Is that Eba #1 as the second well? Phase two of the well, as in they were hoping to flow test this one. But you have to find oil first to bother about testing? Or is Phase two the second set of three wells they had planned for next year?
It has me beat!
While I am hear, Alaska UCG seems to be moving a little. They want to move the permit to a licence or something like that. No mention of actually drilling though.
Wyoming, is not rushing ahead, but we all suspected that.
As for the N2 injection for Umiat, I know where they should be able to get some equipment cheap. Mexico built the largest N2 plant in the world for one of their oilfields. At the rate it is declining, they will not have much need for the N2 plant for much longer.
I know I am jumping threads but our friend that posted the Polish link, thank you. I checked out one of the presentations, and yes it was in Polish and Google does not translate PDF. But I had to laugh when I saw the layout of the Linc's gassifier. It was the #4, parallel well bores version rather than #5, with a single horizontal section. I wonder if they are going backwards, or just posted the wrong cardboard cutout?
LNC Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held
