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Gold/Mining/Energy : 25,740' WINFIELD RANCH JV PARTNERS

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To: Don Richards who wrote (855)3/4/1999 9:09:00 PM
From: Buckey  Read Replies (3) of 1326
 
If anyone cares - I have been researching the liability of this situation - The drill pipe supplier has only limited responsibility. The operators have a responsibility to properly inspect each and every joint. That includes threadings.

I think most of you have taken the correct approach - You are not banking on a settlement to line your bank accts. You are more concerened with testing this well and getting on with it.

It will be settled and I think you will find that the parties are not concentrating on the suit - They are concentrating on the day to day operations.

Good luck and I have a few remnants of these stox - I do not have a large position. BUT I will be here with bells on if I see indicators we are moving upward. GOIOD luck and a good thread. Anyone intersted in more details on the Suit - feel free to PM me.
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