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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (3238)	7/30/2001 11:54:34 AM
From: jim_p	Respond to of 206093

Nice well for TMR along with insider buying. HOUSTON, Jul 30, 2001 (U.S. Newswire via COMTEX) -- The Meridian Resource Corporation ("Meridian") (NYSE:TMR) today announced that its Goodrich-Cocke No. 2 well in the Floyd Prospect at Weeks Island Field has been tested and placed on production. Goodrich-Cocke No. 2 Adds to Daily Production Rates The Goodrich-Cocke No. 2 well was drilled to a depth of 8,098 feet and encountered approximately 100 gross feet of oil pay (87 net feet) in the F sand at a depth of 7,902 feet. The well has been completed and tested at a gross daily flow rate of 1,099 barrels of oil per day (BOPD) plus 394 thousand cubic feet of gas per day (Mcf/d) on a 27/64th inch choke with a flowing tubing pressure (FTP) of 981 pounds per square inch (psi). Meridian drilled the well as operator and holds a working interest of approximately 72 percent. quotes.freerealtime.com Jim

To: jim_p who wrote (3238)	7/30/2001 11:59:26 AM
From: Second_Titan	Respond to of 206093

How the heck did this thing get to 9 times 2002 estimated CFPS? If any of my previous E&P longs like CRK PRZ got that high I would be living in Hawaii. I have no problem shorting, especially a screamer like PENG, but sometimes figuring out which way the wind will blow is tough. Very long otherwise in drillers/service and hoping for a trip to 110-120. Who knows NG is screaming this morning.