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Re: wshaw14 post# 1747

Monday, 11/10/2014 12:05:59 PM

Monday, November 10, 2014 12:05:59 PM

Post# of 2595
There's a real good illustration of the production site, showing the steam vessel, the storage tanks, and all the production facility, on page 29 of the investor presentation below. Notice they say "long term production is underway" but do not give barrel numbers. Because it takes a year for a SAGD well pair to ramp up to the highest sustainable production rate, I think they will sit tight for a while on the number of daily barrels. At this point, anything more than 100 barrels a day from the first well pair is good, ramping up toward 500 barrels a day by next fall. Then it keeps producing for a couple of decades.
http://www.maureletprom.fr/joomdocs/MAU_October_14.pdf

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