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Ivanhoe Energy Inc. Message Board

  • tradingdayz tradingdayz Mar 15, 2014 12:34 PM Flag

    TM on TRACK??? What?

    Vancouver Sun, Mach 13th, 2014:

    Five companies have been affected by the approvals pause.

    One of them, Ivanhoe Energy (TSX:IE), doesn’t expect the delay will change its project’s timing.

    “It’s not going to affect our timeline,” said spokesman Greg Foofat.

    Ivanhoe will have to submit more detailed information on the structure of the caprock in its area. But Foofat said the company anticipated the regulator’s bulletin and built it into its schedule.

    Read more: vancouver sun, oil sands development (google it)

    So that is a bit different then "Ivan blasts regulator" back in December--I'm a little confused, Ivan built in the delays into the timeline? They anticipated the bulletin from AER?? They have anticipated the crack issue?? Really? When? And the 3D, he didn't even mention the need for it. So first oil out the ground by 2015? THAT is what they said. Is this incredible news or what?

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    • Story was in error, the guy does not work for IVAN, other site listed it as

      One of the affected companies, Southern Pacific Resource Corp. (TSX:STP), doesn’t expect the delay will change its project’s timing.

      “It’s not going to affect our timeline,” said spokesman Greg Foofat.

      Southern Pacific will have to submit more detailed information on the structure of the caprock in its area. But Foofat said the company anticipated the regulator’s bulletin and built it into its schedule.

 
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