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: Diamond Daze who wrote (231)	4/26/1998 1:41:00 PM
From: Diamond Daze	Read Replies (1) of 754

There is one more thing that keeps rolling over in my mind....Less than a week ago the releases stated that they indeed missed the Leduc formation......stock drops to 35 cents in a day next day stock fly's high...Hmmmmm. Now there has been some talk of water relation to gas in some type of testing method....I will admit I don't know about gas..I do how ever know a little about water and movement of water underground. So if this is a fractured rock type formation then you could drill a well hit move 500 feet any direction and hit at a different level. Did the companys drop a charge in the well ??? I was told that you can actually drill through a zone and if the rock is not fractured you may not hit drop the charge and blow the hole and you can open the zone....Is this a true statement ??? If this is a true statement COULD they have hit the Leduc ?? Could they have miss read the underground geology and hit a dip in the zone ??? Could the have hit a new zone ?? but they most likely hit Black Swan ?? I don't own the hand book but rest assured I will be finding a copy. I use these threads to learn...sometimes I get burned and sometimes I find tools that will be useful in the future. And P.S. thanks for your input grayhairs ...Cheers to all exchange2000.com

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