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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (89231)	8/14/2007 8:59:10 AM
From: Ed Ajootian	Read Replies (1) of 206338

CC, BPZ Energy (BZP) -- I think Subash was hoping they would find oil in the 16X well and was disappointed when they didn't. I was too, but not finding oil in that well does not in any way condemn BPZ's geological model for the area IMO. Now if this 14D well doesn't find oil, that would change things. Let's see what happens on the test. One small point, the oil in the 21XD well, while "sweet", is not exactly "light". Per the PR dated 3/7/07 it has an API of 22. But this is common for the area and the nearby refinery is designed to work with this type of oil.

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