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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)
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To: per strandberg who wrote (822)5/17/1997 10:15:00 PM
From: Gerald Underwood   of 1480
 
Per,

Don't be suprised if we get the results of both wells at the same time and in the very near future. Logging results normally do not take that long. Logging results are generally done in progress, many times in the middle of the night so as not to interfere with or hold up drilling. As a night dispatcher for Schlumberger, my mother used to be up at all times of the night dispatching crews and receiving and relaying logging results on a real time basis. All time on site for drilling crew costs mucho money. My guess is that IMM may already know results at depth and is going on to next well before any more speculative controversey is aroused. They may need positive results on both wells to prove technology enough for UPR to continue with their cooperative strategy. Announcements made on only one well would then be somewhat semi-climatic.

Regards,

Gerry
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