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Message: Re: where is the bottom?

Nov 23, 2010 11:50AM
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Nov 23, 2010 11:55AM

Nov 23, 2010 12:05PM
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Nov 23, 2010 12:17PM

Nov 23, 2010 02:58PM

Not in the fairway. Qec will not move forward without the new legislation and the additional technical data from the remaining horizontal wells.

But Qec has plans for a well in St.Jean. That might be a positive move from Qec.

As for the JV deal with Tlm, it is like any joint venture. It requires that both companies agree to the operation. In the event that one party does not agree, the other can conduct the operation as an independent operation. They pay 100% of the costs and get 100% of the revenue from the well until they receive 600% of their total cost.

Rgds

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Nov 23, 2010 03:30PM

Nov 25, 2010 04:06PM

Nov 25, 2010 05:10PM
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