Publically available information is showing that the Alpine School District 3-16 injection Well is now showing a status of Active rather than shut in. Quite a few inspections of Oman 2-20 have also occurred.
Marion need to get at least Oman 2-20 up and running or they risk losing the Clear Creek Unit.
The bank loan is secured against Clear Creek. The bank probably doesn't want to lose its asset. The bank will spend $1M if it means keeping $42M
So some positive spin announcment about Oman 2-20 is due. Repair of the water disposal pipeline, and the reinstatement of ASD 3-16 water injection well.
They have been forced to do this by the courts or they will lose Clear Creek.
