DALTON RESOURCES DAL:ASE Message Board

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Gold/Mining/Energy : DALTON RESOURCES DAL:ASE

DAL 72.17

+1.2%

1:00 PM EST

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To: Scotchman who wrote (131)	4/20/1998 9:11:00 AM
From: Peter	Read Replies (1) of 486

TKE put out a press release 7 pm Friday that the well was down to 4126 meters in the Duvernay Formation. No mention of strong gas. It boggles my mind to think they can find the Leduc horizontally after missing such a big fat target vertically as I was lead to believe by the drawings put out by Dalton. I wonder what geophysical/geological basis will point them in any of the possible 360 degree directions. Any oil men out there who can suggest a percentage of success? If this horizontal drilling is going to happen, on what foundation, other than desperation, is this drilling based? The whole business was given a 10% success rate on a thread somewhere. I've forgotten by now which thread. So many replies! At any rate I'll take whatever breath of life is left in this play!

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