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Gold/Mining/Energy : Kestrel Energy (KEST): California & Australia Plays

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To: Ed Ajootian who wrote (31)3/26/1999 11:58:00 AM
From: Arktic  Read Replies (3) of 37
 
Wow! Hope it turns out to be a major discovery. Of course, the Apache wells I've been hoping for success with are the ones in Poland with FX Energy (FXEN). But KEST may be in the money! Then again, I've been in this situation more than once where "hydrocarbon shows" in reservoir rock proves up to have insufficient porosity and permeability to be commercial. Another "geologic success" that doesn't put cash in the bank. But this one could be good. If those pay intervals are productive, and extend horizontally for a great distance, that's a lot of reservoir rock!

Good luck.

Paul L. Craig
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