So this is the newsletter in place of an announcement on progress on PATA #1?
The hint I see in the newsletter, concerning PATA #1, is whether they suspend or P&A? If they think they can flow the well they will suspend it and come back with DST equipment. I wonder if they have any 7" liner on site, just in case? If it is any good, they will run a MDT on wireline, and that will give them an idea if it is worthwhile to do a DST.
I don't think Wyoming UCG is going ahead, after reading this.
Tanzanian in 2 years?? It would be nice, but has the smell of many previous announcements. Also I notice Poland has lost its time line? No Alaska UCG? I thought they were suppose to drilling up there for coal? They were given permission a few months ago.
Surely they will announce when they shift location and spud the next well?? We will see.
LNC Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held
