Welcome To The Corac Group PLC HUB On AGORACOM

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: NR

NR

posted on Jan 26, 2009 04:27PM

new delay for safety


Downhole Gas Compressor ('DGC')

In June 2008, the Company announced that ENI SpA ('ENI'), a Joint Industry Programme ('JIP') partner, had committed to the first field trial downhole gas compressor ('DGC') unit to be deployed in one of their gas wells in Italy. The Company was aiming for deployment of the DGC field trial unit in Q1 2009.



Corac has been working closely with contractors engaged by ENI. These specialist suppliers have highlighted the need for additional safety equipment which will be delivered by third parties. This, unfortunately, will increase lead times. Corac is modifying its control systems to facilitate this and the combined impact will be a delay in deployment from Q1 2009 to a target of Q4 2009. The Company will use the time for continued testing at Spadeadam in Cumbria to improve reliability and reduce deployment risk.

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