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Gold/Mining/Energy : Tusk Energy (TKE)

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To: Steven Haas who wrote (935)9/30/1998 11:37:00 AM
From: grayhairs  Read Replies (1) of 1207
 
Hi Steven,

First, as I believe this is your first post to the thread, Welcome!!

The 1st move is to construct a pipeline to transmit the sour natural gas from the 2-22 well to the Strachan Gas Plant for processing and sales. This should be completed by year end.

The 2nd move will be to drill a Mississippian (i.e. "shallow") well to exploit the shallow reserves discovered by the 2-22 well. This well is expected to spud late in 1998 or early in 1999.

The 3rd move will be to also drill a stepout "deep test" to help delineate the Swan Hills play (Of course, this well will also assist in the delineation of the shallow gas reservoirs). This deep well is also expected to spud in late 1998 or early 1999.

Later,
grayhairs
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