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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00400-14.9%Nov 18 9:31 AM EST

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To: jhild who wrote (3775)6/25/1998 7:17:00 PM
From: Springer  Read Replies (1) of 11684
 
I actually have some experience with this. I took a class on petroleum recovery in college. Also I did my senior project for Texaco...anyway....

I have to make this _really_ brief cause I am at work and this could be a longgg post. But I will try to summarize and get the jist across.Sounds like someone else can elaborate/correct ...

Basically, oil doesn't just squirt out of the ground...(sometimes but rarely and not for very long)... so you have "injection wells" that you use to pump stuff(steamy, soapy water) into the ground and then pump the oil water mixture back out,seperate out the water and sell the oil.. The better your soap the more oil you can recover. Also, sometimes by moving your injection points you can get more recovery.

And sometimes oil drains back into a "field" so a well that sits for a couple of years will become productive again...

This is probably oversimplified, but if you want more info there are books... ;)

Springer
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