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[QUOTE]Originally posted by Purl Gurl: [QB] News late yesterday. Full article is found at your usual sources. Purl (snipped for brevity) Apr 7, 2004 Dover Petroleum Corp announced an update today with respect to its...natural gas assets located in the Slater Dome Area. ...appear to contain commercially recoverable quantities of natural gas warranting construction of a 6 inch, 18 mile long gas gathering pipeline to take the natural gas to market. Drilling of a new well in the Slater Dome Area has begun today and is expected to last approximately one (1) week. Permitting of the gas gathering pipeline to carry the natural gas to market is now almost complete. The pipeline will be a 6-inch, eighteen-mile natural gas gathering pipeline capable of carrying 16 million cubic feet of gas per day. The pipeline will be built by a third party, at no initial cost to Dover. ...the pipeline could be operated at its full capacity of 16 million cubic feet of gas per day the pipeline would, at today's prices, generate approximately $27 million.... [/QB][/QUOTE]
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