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Gold/Mining/Energy : Swift Energy (SFY) -- Ignore unavailable to you. Want to Upgrade?

To: PuddleGlum who wrote (1322)	11/21/2000 8:17:41 AM
From: FloydP	Respond to of 1602

Thanks PG. Thats some major news. My partner and I lost a golf tournament last weekend at PGA West by a scant margin of 0.2 points. We are asking the tournament director for a RECOUNT. Those who are asking how you can lose by less than 1 stroke......its the way a handicap is calculated in the CHAPMAN format of play. The $750 bucks team money was nice but I wanted the trophy. Oh well, theres always next year.

To: PuddleGlum who wrote (1322)	11/21/2000 8:58:08 AM
From: Liatris Spicata	Read Replies (1) \| Respond to of 1602

PG, Floyd, Truth, Thread- <<The commercial importance of this particular well cannot be determined at this early stage of the drilling and evaluation process.>> Help me read the tea leaves, if you would. Yesterday's PR, from which the above quote was taken, says nothing about flowrate. Normally, isn't flowrate reported? SFY also noted, "the well encountered a significant kick or pressure increase" Any vacuum cleaner salesman worth his salt knows that pressure differential without flowrate is a meaningless figure of merit. I would hazard a guess that it's unlikely they would report a "significant kick" from, say, 10 barrels of oil per day equivalent, but I'se a city boy. Is this PR a strong positive indicator (in which case I presume the disclaimer about commercial importance is there to keep the lawyers happy)? If so, why no mention of flowrate? Finally, what is the signficance of this statement: "The decision was made to set intermediate production casing and perform an open-hole test, before drilling ahead to the Lower Tariki."? TIA, Larry