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Re: As I See It post# 54552

Wednesday, 05/31/2023 1:54:06 PM

Wednesday, May 31, 2023 1:54:06 PM

Post# of 56668
You are spot on here, absolutely. After I read a similar statement by you a long time ago I have inquired more about it over time. I found out the reason why they went midstream vs. a smaller pipeline was that at the time there was a lot of shareholder pressure to go for the midstream market. Those conditions do not exist now.

I absolutely believe that if QSEP's AOT were tested on a smaller oil pipeline 4 to 6 inches as you suggest, the commercial adoption of AOT would have occurred years ago. The KM condensate line aside.

I have gathered (thoroughly) that it's not much of a difference at this point. As most of the design changes that Gallagher has implemented I believe will solve the previous design problems. If the hydrostatic test is any indication of the results the AOT will get from the next set of data points (and of the results of Gallaghers design changes), I think we will see just how thorough Gallagher has been.
Bullish
Bullish