Bearcat (BEA-C) & Stampede (STF-C) Message Board

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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Sam who wrote (1324)	7/25/1998 10:00:00 PM
From: grayhairs	Read Replies (2) of 2306

Hi Sam, It is Amoco. They have a Swan Hills pool at Blackstone. Their new well came on stream last month and is producing 70 MMCF/D to the Husky Ram River Gas Plant. The pool has a raw gas reserve of 1.1 TCF. They have another well in the same pool that is a little bit better in that it produces 80 MMCF/D. The Blackstone pool is not all that far from the Strachan Play being developed by Apache, Tusk(TKE-TSE), First Star(FST-ASE), Dalton (DAL-ASE) and Loon(LEY-ASE). Apache invoked "tight hole" status on their 3-22 well while drilling at Swan Hills depth. Recently, they tightened the information confidentiality with partners even further in that they've gone to a "need to know basis" for information exchange. I don't think they'd do this if they had a duster!!! For more info on the Amoco well check my post to Werlick earlier today on the Tusk Energy thread. If you are not yet into the Strachan play, TKE is a steal at $1.40 - $1.50 range and has almost nil downside. I believe they have a huge hit here. Later, grayhairs P.S.-- I'm thinking that you should see Esso doing some more acid stimulation (frac??) work on the Turner Valley well pretty soon!! -:) -:) :-)

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