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Message: Mr. Binnion in Oslo

Mr. Binnion in Oslo

posted on Mar 02, 2009 05:55AM

Just listened to great Podcast in Oslo. Mr Binnions comments in brief:

Drilling source in Quebec measured in decades not years

75-350BCF per Sq mile

met with pipeline company.... 9 months to complete tie ins

2000 acre current land value

only 4 stage fracs complete and the plan is for 8 stage fracs which should double results

full production pilot in 2010

will not have to tap equity markets to firm up Quebec play

Many other good points discussed on this podcast. Will send link when available.



JQ:)

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