I am using the Armstrong Repsol project history to understand a realistic time-line for Icewine. There are the last 3 years which some of us may have followed. Its a conventional play and they drilled a few wells and had a stream of good results. Now look at them.
Short term it will be interesting to see:
1 how the options call goes on Mar 18. Would it negate need for CR?
2 The flow results in April May of course
3 The model we use for the farm out for drilling. This is when we start to dilute the asset which is logical and understandable.
4 The Aurora project quoted in the original preso also has a time-line worth study.
Have no time at moment to continue but I am sure many LTH's can see a more hopeful perspective than the urgers at the Casino D'Instante Gratifico
It's far from over, page-3
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