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Gold/Mining/Energy : 25,740' WINFIELD RANCH JV PARTNERS -- Ignore unavailable to you. Want to Upgrade?

To: Flea who wrote (1251)	8/20/1999 3:42:00 PM
From: Ed Pakstas	Read Replies (1) \| Respond to of 1326

Any of u guy'z catch this... "During March 1999, TransAtlantic USA acquired an additional 10% working interest in selected zones to be tested, namely the Devonian and Atoka formations, in return for a 2% after payout reversionary interest assigned to the seller. Testing of these zones occurred during April 1999. Both the Devonian and Atoka zones produced gas on test at rates of up to 200 mcf/d indicating the presence of gas on the structure. However, in each case the reservoir was considered too tight for a commercial completion. A decision to temporarily abandon the well was made in order to make the wellbore available for possible utilization at a later date for a potential sidetrack and redrill of the Ellenberger formation. The presence of hydrocarbons on the structure has increased the likelihood of a commercial completion being made in fractured Ellenburger formation, the primary target in the well." Got this off the TNP.U website... tapcor.com ...ed