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

To: JHR who wrote (80689)	12/4/2000 1:19:59 PM
From: Wowzer	Respond to of 95453

ESNJ Esenjay has deep gas find south of Houston HOUSTON, Dec 4 (Reuters) - Esenjay Exploration Inc. (NasdaqSC:ESNJ - news) said Monday it has made a significant natural gas discovery in a deep, high pressure formation along the Texas Gulf coast south of Houston. The Runnells 3, a wildcat discovery well drilled in Esenjay's 25 square mile Duncan Slough 3-D seismic project in Matagorda County, has been turned to sales at the daily rate of 15 million cubic feet of natural gas plus 387 barrels of condensate, the company said. It expects to increase the well's daily natural gas sales rate to 20 million cubic feet, where it will be monitored in order to gain information needed to establish the maximum efficient production rate. ``All information to date suggests that this new field will significantly impact our company,'' said Michael Johnson president. ``Quantifying the size of the discovery will be a very high priority as we evaluate the results of additional drilling and monitor production history.'' Esenjay is the generator and operator of the prospect and owns a 34 percent working interest. It's publicly owned partners are Noble Affiliates (NYSE:NBL - news), with a 24 percent working interest, and Santos Ltd. of Australia (Australia:STO.AX - news), with a 30 percent working interest.

To: JHR who wrote (80689)	12/4/2000 2:18:37 PM
From: kodiak_bull	Respond to of 95453

JHR, I don't know. The FL S.Ct. ruling has been vacated, according to what I read, which means that the Stupes would have to re-issue an opinion which would deal with all the knotty issues or accept the smack in the face. I suppose they could re-issue an opinion without re-running the oral argument, but I doubt they could just send a letter up to Billy and Tony explaining the various lacunae in their original opinion. More importantly, since it was the order which made the Sec'y of State wait 8 days and certify a lower number, I would assume she is free to revoke her certification and reissue a certification based on the 930 or so votes as of Nov. 15. I don't know, maybe there is something barring her from doing so, but it stands to reason if the only thing which caused her to wait until Nov. 26 was a misguided Stupreme Court, then she is free to revoke and recertify. Of course, this may all be moot, if GWB's certification stands and Gore's dream team of lawyers continues to lose in the courts. I wonder how the Stupreme Court will feel if they get another appeal from Boies et al on a (Bush) favorable opinion from Judge Sauls. I watched the CBS Gore interview last night and there were moments when you could almost see him backpedaling toward the point where he could "be the big person" and concede. For me, that point passed with the machine recounts, and I honestly believe he is quickly passing into the land of Walter Mondale in terms of political viability, but I could be wrong. I've been wrong before. Since I don't have a TV feed here, I'll just have to keep touching base and checking the news releases. Advantage, television, for breaking stories. Kb