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: Dale Schwartzenhauer who wrote (2301)	7/25/2002 7:42:09 AM
From: Bearcatbob	Read Replies (1) of 2306

This idea of 1000 bpd is most unfortunate in my most humble opinion. The well could be successful in validating the find at much lower rates. Now the bar for success is set high. Clearly the market does not believe it - unfortunately some buyers at higher prices did. This has now become an exercise in faith. Data to date does not give me any sense of warmth. Also, some have used "point in time" data in my opinion incorrectly in that "point in time" data is essentially meaningless. We need flow and volume data over extended durations to provide meaningful data upon which to evaluate the 2 @ 34 well. One thing of interest - I find it hard to understand why all of the demonstrated discoveries are controlled by others - Hartell (Fortune), IMO, BKP(APC) and Impact. Bob

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