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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (46929)	6/25/1999 1:59:00 PM
From: oilbabe	Respond to of 95453

Thanks K...will you post if and when you get a response? Also, ha anyone seen the report from SSB yesterday on MRL? Seems to be fairly positive concerning on time delivery...down 5% today is compelling, but could go lower I guess. MEXP seems to be slowly advancing today. As word gets out, I expect this to trade to $2.50.

To: Think4Yourself who wrote (46929)	6/25/1999 2:05:00 PM
From: dfloydr	Read Replies (1) \| Respond to of 95453

K, Kelly Miller is on vacation. Ask to speak to Bill Baumgartner CFO. Also ask what kind of life might be expected with that well ... How fast might production decline?

To: Think4Yourself who wrote (46929)	6/25/1999 2:14:00 PM
From: Ken Robbins	Respond to of 95453

I suppose the gas production is 1 million cubic feet per day = $2200/day at $2.20 per thousand.

To: Think4Yourself who wrote (46929)	6/25/1999 3:03:00 PM
From: Aggie	Read Replies (1) \| Respond to of 95453

K., oilbabe, 1 Billion scf/day? Are you really sure about that number? Are you sure it's not maybe 1 million scf/day, or 1 MMcfd? That would be much more in line with low GOR black oil reservoirs, just applying a rule of thumb. Don't own any MEXP, considered it and backed off. Good Luck to you all. Aggie