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Gold/Mining/Energy : Nordic oil

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From: james flannigan6/12/2008 2:00:17 PM
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Just spoke to the company. The geologist on site thinks the second well is good.Now here is the good part,the second well that struck oil was 1 mile from the first well.The first well had oil showings but never reached the required depth due to the fault.The company is going to report to the shareholders next week as the logging of the second well is now complete and they will flow the second well next week.

The oil seeps found at the surface 6 months ago is suggesting a very light crude is the type of oil in the formation at depth.

The company thinks that the formation is a very large deposit.They have had many big houses calling to find out what the company has discovered.

The part I like as the stepout hole was a mile from the first hole.This story has the makings of a company builder.Next week will tell if we have a large find or not,but the data to date suggest it is BIG.

James
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