If the well is then production-worthy, well, I don't know. It depends on how long it takes the government to approve your application.
Of course, one could logde the application for production early to get the ball rolling, at a cost of $1207 (not $1700), it is a cheap way to shave some time off that process.
So time frame would be something like EPT ends mid-Aug; Analsys of EPT and 3D Seismic mid-Sept. I would then hope production would commence by November.
Just my estimate.
CTP Price at posting:
55.0¢ Sentiment: LT Buy Disclosure: Held
