Sentences with phrase «projected drilling costs»

But Nevada leases are dirt - cheap, and drilling only commenced 3 - 4 mths ago — so, counting cash on hand / raised, vs. annual expenses & projected drilling costs, I reckon Cash will soon net out around $ 2.3 mio:

Not exact matches

A recent drilling campaign at Perth based hammer Metals» «Millennium» project in Mt Isa has unearthed a cocktail of mineralization on a tenement package that cost the mining junior just $ 83k in cash and shares — and they bought it from Chinese interests.

Forward - looking statements include, among other things, statements regarding future: production, costs, and cash flows; drilling locations and zones and growth opportunities; commodity prices and differentials; capital expenditures and projects, including the number of rigs employed and the number of completion crews; renegotiation of our credit facility; management of lease expiration issues; financial ratios; certain accounting and tax change impacts; midstream capacity and related curtailments; our ability to meet our volume commitments to midstream providers; ongoing compliance with our consent decree; and the timing and adequacy of infrastructure projects of our midstream providers.

Business leaders and shareholders are still scarred by the memory of project over-runs, spiralling costs and frenzied drilling during the last boom, and the painful adjustments during the subsequent slump.

That, combined with a low drilling cost, should turn around strong margins for the project, John Christmann, Apache's president and CEO, said at Hart Energy's DUG Executive Conference on Feb. 26.

In wells that we can't drill turn - key, we maintain operating funds to cover overages so you can rest assured the project will be budgeted for without cost overruns putting it into jeopardy.

Bigoray Facilities Owned 100 % W.I. by Pulse: As most of the required infrastructure for the Bigoray EOR is in place, the miscible flood project requires a relatively small investment per Nisku Reef providing massive upside without the risk and significant cost of an extensive horizontal drilling program.

«We're always looking at incentive programs and projects to improve our profitability and trying to fine - tune and drill down deeper to get to lower unit costs.»

1) Repeal the Triborough Amendment; 2) State pick - up of Medicaid costs from counties; 3) Roll - back of Medicaid entitlements / coverages to median national levels; 4) Major reform of SEQR process which blocks projects Upstate; 5) Repeal NY's participation in RGGI; 6) Cut 50 percent of staff at DOE, DOH, DEC in order to let the other half do their jobs, which means serving the people instead of feeding the bureaucratic monster; 7) Support expansion of nuclear plants at Oswego, construction of new plants elsewhere; 8) Tort reform to allow doctors to practice medicine, instead of fleeing NY; 9) Use the bully pulpit to support natural gas drilling and tell the envirowackos to grow up.

The announcements reflect a continuing trend of lenders and Wall Street institutions stepping away from fossil fuel projects, in particular coal and cost - intensive oil projects, such as offshore and Arctic drilling.

«This time would also be needed to plan the drilling logistically and create the funding for such an exciting large - scale international research project, which would cost around 50 million Euros.»

While geothermal projects require significant up - front capital investments, especially for exploration, drilling, and power plant construction, the typically low operation cost — including zero expense for fuel — means that over their lifetimes geothermal power plants are often cost - competitive with fossil fuel or nuclear power plants.

The developer may spend 15 percent of the project's capital cost during test - drilling, with no guarantee of finding a viable site.

Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years

Furthermore, the analysis raises questions about the economic viability of many fracking projects, stating, «Despite impressive production growth, it is not yet clear that these plays are commercial at current prices because of the high capital cost of land and drilling and completion.

Diversified background including military service, Drilling on all types of rigs and locations, Construction and Drilling Engineering, Project Management and Cost Tracking.