Amalgamated Explorations (AXPL) thread 2 Message Board

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Gold/Mining/Energy : Amalgamated Explorations (AXPL) thread 2

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To: SnakeInATuxedo who wrote (168)	2/27/1998 7:10:00 PM
From: Jeff Williams	Read Replies (1) of 269

C.L.-- I asked Jon about "gross," which means before expenses. I have no idea what the operating deductions would be for the items you mentioned. Just for you information, he said total flow from this well, when completed could possibly be higher than 40,000,000 cfd because they have only penetrated one of five zones. Also, because the well damn near blew out, they lost some drill pipe down hole which will need to be retrieved once the well head pressure drops to workable levels. This will undoubtedly increase flow all by itself, not counting other pay zones. In short, this is a damn good well, and it may get better in time. Regards, Jeff Also they are currently drilling the Boone project but it is a "tight" hole and he had no details as to how far they've drilled, but said it was "going well."

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