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bhumiartha

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bhumiartha

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Thursday, 01/02/2014 3:00:55 PM

Thursday, January 02, 2014 3:00:55 PM

Post# of 2595
First indication that they will use their leases to leverage production financing. I saw this before Christmas, but it didn't register until I read it a few times. Looks like they are waiting to prove out the economics of the SAGD before they proceed to the HCSS pilot previously announced.
http://www.maureletprom.fr/joomdocs/DEEPWEEL_MAU-9DEC13_EN.pdf
Wonder when the French group will take a more active role in the company.
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