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Microcap & Penny Stocks : Kelly Oil (KOGC)

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To: oilstks who wrote (26)6/11/1998 9:42:00 PM
From: dwight martin   of 50
 
"Matagorda is east of an AMOCO well currently producing 200 mcfe daily with another well further south of the proposed site producing 50 mcfe daily. Either rate would be great for both production & reserves."

Nobody would drill a well to get 50Mcf/day except mebbe a shallow well on fee land with a large water-well rig. Many companies plug such wells. Would you kindly explain what you are talking about here?
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