Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: MRothaus1 who wrote (1418)	3/20/2001 12:16:44 AM
From: The Ox	Read Replies (1) \| Respond to of 1602

biz.yahoo.com Swift Energy Announces Third Successful Well Test at Its Rimu Discovery in New Zealand HOUSTON, March 19 /PRNewswire/ -- Swift Energy Company (NYSE: SFY; PCX) reported today that it had completed a successful test of the Upper Rimu limestone in the Rimu B-1 well in New Zealand. The well was perforated and acidized prior to flowing at a stabilized test rate of 505 barrels of 46-degree API gravity oil per day (``BOPD'') and 2.8 million cubic feet of gas per day (``MMCFPD'') (or 972 BOE per day) with a flowing tubing pressure of 2,324 pounds per square inch absolute (``psia'') on a 16/64-inch choke. This is the second successful test of the Upper Rimu limestone. The Rimu-B1 is located approximately 1,103 feet (336 meters) south/southeast of the Rimu-B2, which tested at rates up to 1,384 BOPD and 9.4 MMCFPD (2,950 BOE per day) from the equivalent zone. The Rimu-B1 is also located approximately a mile and a half (2,370 meters) southeast of the Rimu-A1, which tested at rates up to 1,525 BOPD and 4.8 MMCFPD (2,325 BOE per day) from the Upper Tariki sandstone.....