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

To: r.edwards who wrote (63928)	4/6/2000 12:24:00 AM
From: ItsAllCyclical	Respond to of 95453

FST finds more gas, this time in the GOM. Tuesday April 4, 8:07 pm Eastern Time Company Press Release Forest Oil Announces Significant Discovery in the Gulf of Mexico DENVER--(BUSINESS WIRE)--April 4, 2000--Forest Oil Corporation (NYSE:FST - news) reported today a significant natural gas discovery at South Pelto 6 in the Gulf of Mexico. The No. 2 Well, offshore Louisiana, was drilled to a total depth of 14,642 feet TVD, and logged an estimated total of 47 net TVD feet of pay in the Big ``B' channel sand. The well flow tested at 15.2 mmcfd and 460 bcd (approximately 18 mmcfed) through an 18/64`` choke at flowing tubing pressure of 8,850 psi. A caisson has been set and initial production is anticipated in July. Forest owns a 65% working interest in the No. 2 Well. biz.yahoo.com Sorry if this was already posted.