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Thursday, April 10, 2008 12:59:05 PM
No drilling rig, only pulling units. So far we have servicing capabilities only.
When we buy leases with "mature wells", that usually means they need working over to put them back into production.
The arrangement with Donlin is to test and determine the best Chemical treatment. The proper chemical is selected and then circulated to disolve parafins and "open up" the system so oil will flow again. I do not know the financial arrangement but suspect we pay for their services just as RHWS clients pay us for services provided.
..................Jess
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