SHELF#4 project payment to investor in July for the production period May -23.
To All Investor In This Project .
The wells in this project have all had higher expenses than usual, which means that the profit has been reduced or is completely gone this month, due to the renovation expenses that have been up the wells, especially the Bergeron#1 and Hayes#2 wells have had large expenses for both the state and work-over. This will probably be recouped over the coming months.
Never fun when we experience significantly higher expenses than usual, but such things can happen in a production like ours.
Now the wells are up and running again, except for Moresi#1, which needs a pump unit replaced, this work will start next week, the company to do the work has been delayed on another job.
This was all
EnerGyne Resources