the $30mill carrot, page-4

sharpeye

You raise a very interesting point. "If at June 30 the oppies are in, p Rig 234 may be used to horizontal drill any tight zones while gas lines are laid and permitting for pb3 are under way."

What say they re-enter PB#2 after testing is complete (successful that is) and whilst pipeline is being laid and drill into deeper zones (i.e. Pinkerton and Leadville). Hence the argument for Unit rig to stay on site.

Normally a cheaper work over rig would come in and take over and I was thinking why keeping a expensive rig on site (although at no cost whilst on standby) to do the testing program.

I suspose that may be the answer. TO capitalise on the time to lay pipe for production and even apply for permit for PB#3.

This of course all hinges on PB#2 flowing commerical quantities of gas.