SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : International Rochester Energy Corp. (T. ROH)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ditchdigger who wrote (287)12/23/1997 10:55:00 AM
From: Timelord   of 934
 
[Off topic]

Mornin DD. Sorry to clutter up this thread, but Red Sea Oil (ASE:RSO) reached target depth on their Libyan well and things look very rosy. The odds of a commercial well are very high based on initial well logs. Heavy oil shows in three zones, testing begun last night to take about 30 days, 5 drill stem tests planned. I listened in on a conference call with the Lundin family yesterday morning and they were guardedly excited about the prospects for this discovery - not wanting to "count their chickens..." I'm trying not to get giddy also. RSO is 50% owned by IRPPF, Sands Petroleum is 40% partner in the well (RSO and Sands own 100% of the rights). FWIW.

Alex
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext