The New Corporate Vision Inc. ( CVIA ) Message Board

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Microcap & Penny Stocks : The New Corporate Vision Inc. ( CVIA )

CVIA 0.480

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Jun 30 5:00 PM EST

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To: mulla711 who wrote (3213)	10/29/1999 9:01:00 PM
From: K A Anderson	Read Replies (1) of 3596

Cross post, with the well info. The news will be out before the open on Monday, so I will give you guys a rough detail of what we have. The well is completed. But not all the tanks and pipelines, so we are running on limited production for now. Trucking the oil out as the tanks fill up. Unfortunately without a pipeline he is having to flair or simply release the natural gas. Here is what we have and I am going to validate things step by step. There was only one payzone brought in (the big one the Ellenburger)the upper two or three zones cemented up and in reserve for future use. There seems to be a bunch of oil up above, sitting in reserve, But we dont really need them!!! The Ellenburger is a handfull as is. The well free flowed and continues to free flow (no pumps just natural pressure) through a very restricted 3/8th inch pipe (very small.) In the last 24 hours 112 barrels of oil and an uncalculatable amount of Natural Gas... no water just West Texas intermediate oil. Keep in mind this is unassisted flow through a 3/8th inch opening. That is some serious flows and pressure. Rod and I spoke at length about this, he is concerned if we kick out the stops and really crank up the production XXX amount of barrels per day, we could burnout the well... start pumping water or any number of technical nasites down hole. We just let the well set the pace and dictate the terms (for now.) Its a matter of quick kill verses the long haul. Here is something else we apparantly have the same type or a similar type of well as some of those that were brought in in the 1920's... which are still pumping (at reduced rates) so in other words we have opted for longevity as opposed to a quick kill, quick burnout. Who knows Rod may have made us a well that will out live all of us! Anyhow this is all the details I and Rod are comfortable revealing until the PR. But there is alot of oil and gas coming out of that well!!! KAA

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