SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tri-Valley Corp. (OTC BB: TRIL) -- Ignore unavailable to you. Want to Upgrade?


To: VanGo101 who wrote (4028)8/24/1999 8:18:00 PM
From: White Knight  Read Replies (2) | Respond to of 4821
 
Dear VanGo 101:

Latest rumors on the field have it that this Bellevue #1-17R well, at its current stage, has a deliverability estimates of as high as 50 million Cubic Feet of HIGH BTU Gas per day, constrained only by the diameter of the pipe !

Given the above, personally, I applaud the decision by its partners to stop any further drilling and instead start completing the well. Afterall, there is much higher risk associated with ever-increasing temperatures and pressures at further depths. The last thing anyone would want is the repeat of last November's massive blowout !

In my opinion, this great discovery, of course, is a credit to all those involved who took the early risk and persisted in the face of very adverse circumstances.

This discovery, fortunately, further validates the concepts of Tri-Valley's management for this area, which is fast becoming North America's largest onshore oil and gas play.

I am anticipating much more excitement to come from this area in the near future !

PS. I understand that there shall soon be a toll-free phone number, sponsored by our Canadian EKHO joint-venture partners, where people can call and receive occasional updates on the status of the EKHO project.