Bearcat (BEA-C) & Stampede (STF-C) Message Board

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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Bearcatbob who wrote (648)	3/18/1998 10:44:00 PM
From: Keith Minler	of 2306

Hi Bearcat, I'm afraid teevee is basically right. 3d seismic interpretation is incredibly complex. Even with all the data you still cannot tell which areas of even the same formation carry oil/gas. There is no simple magic expository device. More and more your intuitive suspicions are looking to be accurate. Previous dry holes have blown the play's credibility. While the large market may be unaware of what's happening there are enough oil types in Calgary with deep pocket friends who would have made some ripples by now. Scouting reports indicate some finds, evidently not enough to be exciting. Lets hope that for those of us already long, what they have will be substantial enough to allow the companies to continue the hunt. Later Keith

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