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Gold/Mining/Energy : Fortune Petroleum (FPX)

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To: TD who wrote (259)11/13/1998 10:05:00 AM
From: TD  Read Replies (1) of 275
 
More News, trying to get a feel for TDXT


HOUSTON--(BUSINESS WIRE)--July 30, 1998--3DX Technologies Inc.
(NASDAQ:TDXT) today announced results from the latest two wells in the
Four Isle Dome Field, located in Terrebonne Parish, Louisiana. The
LL&E State Unit B-2 well encountered over 100 net feet of pay in two
zones, at depths ranging from 13,040 to 13,700 feet(MD). The well was
completed in April, and is currently producing from an interval at
13,700 feet with a sustained rate of 18 million cubic feet of gas per
day (MMCFD), and 390 barrels of condensate per day (BCPD). The LL&E
State Unit B-1st2 well encountered 65 net feet of pay in two zones, at
similar depths. In July, this well was completed in a zone at 14,090
feet(MD), and is currently producing 15.3 MMCFD and 360 BCPD. The
company owns 5 percent working interest in each of these wells.
Burlington Resources is the operator of the wells with a 45 percent
working interest.
These two wells are part of an ongoing development program in
this field based on 50 square miles of proprietary 3-D seismic data
acquired in 1996.
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