InvestorsHub Logo
Followers 743
Posts 61882
Boards Moderated 10
Alias Born 10/05/2009

Re: DeeDog post# 3834

Wednesday, 06/29/2011 11:01:43 PM

Wednesday, June 29, 2011 11:01:43 PM

Post# of 6903
The pipe line tie in will be in 2 stages (per Gerry-IR now Dir). There is an existing pipeline with existing unused capacity they will be tying into right after the well completion (fracking), stage 1. It will generate revenue this year, baring acts of God, war, US Congress, LOL. They already ordered the equipment and pipe for that connection months ago if I understood what Gerry told me correctly at the time. I know he said they ordered all the long lead time stuff back in February/March, like the special pipe.

But the well can produce far more flow than the existing pipeline can handle. So what you read about is stage #2, the need to size the additional pipeline capacity needed and then JV (or whatever) a deal to fund and build the additional pipeline infrastructure needed to handle the peak well capacity.

Stage one is expected to produce revenue of about $250,000.00 / month.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.