first star energy FST on the ASE Message Board

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Gold/Mining/Energy : first star energy FST on the ASE

FST 10.18

+0.3%

Aug 25 5:00 PM EST

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To: grayhairs who wrote (213)	4/25/1998 6:23:00 PM
From: Ed Pakstas	Read Replies (1) of 754

Grayhairs... A few questions to you, if I may... I have been reading all the postings on the TKE thread and I find that u seem to be the most knowledgeable about wells in the area... I ran across this posting: Message 4057360 I don't know if I misunderstood your reference or not and I wonder if your opinion in this statement is related to Strachan deep test >>>But, there are several Leduc wells in the area that have initially produced at rates of 50-75 MMCF/D.<<< If it is, and from the information u have at present and if your opinion has not changed, what value on a per share basis would u place the FST at, based on the before mentioned production averages???... Have u heard any rumours for the necessity of fracturing???...I did a quite few frac jobs in the Grande Prairie/Peace area in the late 70's early 80's for Dresser Industries... Usually hung around to get the flow rates from the wireline guys, but never long enough to find out what the reserves were...Saw quite a few neat flares myself, especially just after the completion of a frac...Had a so called engineer forget to open a Petrocan wellhead just before my V16 blew it to rat chit... That one was interesting... Would it be conceivable that this one particular hole can produce 1.3tcf???... Do they still give "Tight Hole" status to wells that contain a high level of so2???... ...ed

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