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Gold/Mining/Energy : Pan East Petroleum PEC-TSE Several Projects Starting

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To: HAZ who wrote (29)9/10/1997 6:35:00 PM
From: D.E. Shetland   of 73
 
200 mtr pay zone is huge, isn't it? Is it safe to assume that PEC wouldn't complete a well unless they knew there was good porosity, pressure and water wasn't a problem? If so, the reserves in this area can be rather nice for a small player like PEC.

Like you --I'm awaiting more and hoping we'll see a 5 or 6 in front of it when all's said and done. I also think they have 3-4 more to go in this farm-in arrangement. Mighty, mighty....
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