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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: Gerald Atwater who wrote (4079)4/27/1999 7:39:00 PM
From: Traveling Man  Read Replies (2) of 4851
 
Gerald,

I can't be much help. Concerning the Jonah flowrates of ~2mmcf daily,this isn't bad at all IF the well has been in production for a year or so. The reason is these flowrates,properly choked,will hang in there for a long time. I own a well in Wyoming(ORRI) and it seems to keep on keeping on now for about 15 years with almost no falloff. The first year or so the production rates are falling dramatically,after that they level off pretty much for the long haul.

TM
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