Did everybody notice the following in the update? "SAGD Project - Phase 2 Outlook
After the initial Phase 1 production tests and depending on the results using SAGD technology, the operator of the SAGD project will proceed with Phase 2 of the project. This second phase is anticipated to include the drilling of two additional SAGD well pairs and the associated expansion of the current SAGD steam facility."
The second two well pairs should not take nearly as long or be nearly as expensive as most of the infrastructure will not have to be duplicated and they will probably be drilled from the existing pad.
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