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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?


To: grayhairs who wrote (6318)10/29/1999 7:13:00 PM
From: elcasmirb  Respond to of 15703
 




Canada United States

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PYRX PYR Energy Corp.
Last
Change
% Change
Bid / Ask
Hi / Low
Open
Vol
4.8750
+.5000
+11.43
4.6875 / 5.0000
4.8750 / 4.3750
4.5000
84800

Last Trade: 10/29 15:54





To: grayhairs who wrote (6318)10/30/1999 4:04:00 AM
From: rebelgeo  Read Replies (1) | Respond to of 15703
 
Thanks GH,

Sounds like life will be good if they can get thing the well tied in within 30 days. That's quite a bit sooner than the 2nd Q that we've been reading about, but I see no reason why it shouldn't be so.

If they can get the first well on stream, they should be able to sell enough gas to pay for a drilling rig or two even with a 3 1/2" completion restricting the flow. When they get the step out well on stream too that's when I really expect these stocks to start moving.. I know that the second well is larger (9 5/8" to the top of the reservoir?) Do you know whether they plan to run a 7" completion on it? If so that could increase production of that well exponentially compared to the first well, and we could perhaps see production numbers exceeding 50MMcf/day by mid 1Q 2000.

Rebel Rockhound