Technicalities close 10 spacing applications
Two technicalities brought the regulator to close ten spacing applications submitted by the same person. Too bad – the applicant had put lots of work into the application including 16 attachments that included cross sections and net pay maps for each application.
Our studies show that each application is intended to open the way to about $500,000 of value and opportunity. Each application would have cost 60 man hours to prepare. To have them closed for technicalities seems a waste.
Fifty percent of what you need to know to get an approval isn’t shown in the guides. Can Proven help? We know exactly what the regulator needs.
Subscribers can view this application by pasting the following link into their browser after logging into AppIntel. app.appintel.info/AOW.php?pxnrg=6y6v7o38333331313831333271
Tags: AER application, Closure
Granger Low 25 May 2015
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