Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2012
(236)
-
▼
February
(18)
- February 29, 2012 Edition of the Stateside Report
- February 28, 2012 Edition of the Stateside Report
- February 27, 2012 Edition of the Stateside Report
- February 24, 2012 Edition of the Stateside Report
- February 23, 2012 Edition of the Stateside Report
- February 22, 2012 Edition of the Stateside Report
- February 21, 2012 Edition of the Stateside Report
- February 17, 2012 Edition of the Stateside Report
- Rest in Peace David Coffin - One of the Good Guys
- February 16, 2012 Edition of the Stateside Report
- No video tonight - Here are the headlines from 2/1...
- February 14, 2012 Edition of the Stateside Report
- February 13, 2012 Edition of the Stateside Report
- February 7, 2012 Edition of the Stateside Report
- February 6, 2012 Edition of the Stateside Report
- February 2, 2012 Edition of the Stateside Report
- February 2, 2012 Edition of the Stateside Report
- February 1, 2012 Edition of the Stateside Report
-
▼
February
(18)
1 comment:
Vince, you have done a great analysis of today's news release from Blackbird Energy and Pennant Energy. You put forward several important issues regarding the third Montney well that were not covered in these news releases.
Blackbird Energy's Annual General Meeting is next Tuesday, February 21st. I will be there. I want to whether they have figured out the problems that made the second well a failure. I would like to know what is the specific mechanical problem that stopped the other stages of the hydraulic fracture from not working. I also want to know if they have strategy to stop the problem from happening again.
This is a very important issue since each extended length horizontal well costs about $5-8 million to complete. A lot is riding on this third well. If the third well fails this could be the end of the future prospects of all three companies.
Post a Comment