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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: 249443 who wrote (12080)	8/27/2006 12:13:46 PM
From: Brinks	Read Replies (1) \| Respond to of 25575

Encana has kept the wraps on it from day one. Reporters have tried to get interviews. Investors and analysts during Encana conference calls have tried to get them to discuss. Nothing but stone wall. At this point this is small to Encana. They have a lot on their plate. Also there has been a lot of sales of government leases in the CRB. If you start releasing info the cost of those leases skyrockets. This is a post from a broker in Denver who attended the Encana presentation and Delta's: tinyurl.com 11th Enercom was great. Ultra bought lunch on Wed and stated that everyone is making money but their Pinedale and Jonah fields have 10 times the reserves/acre than anywhere in the world. Encana had lunch on Thursday and did not mention CRB but I asked them afterwards if they liked what they say on the first well and continued--Pres said no we don't care what it looks like, we are doing a 6 well program to delineate the area! Nice to be big. DPTR presentation did not go into growth, earnings, revenues etc but was a drilling activity update- breakout session was packed and Parker emphasied how huge this basin can be. END Here is the key: The Anderville Farms 1-6 Drill site is a JV with Encana, Shell and Delta. Delta's drill rig DHS # 7 and Delta's drill crew did the drilling from approximately 9,000 (after basalt) to 14,000 feet. I would think these Delta people would have a good understanding of what is going on. Next you have CEO Parker making his presentation in Denver and he is talking about the Columbia River Basin. I don't think Encana would be planning to drill other sites for no reason. Also Delta drilling their own sites independent of Encana. This is all have going to have positive impact on oil sands development if the NG numbers they are all talking about is achieved.