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


To: Bread Upon The Water who wrote (14922)2/3/2007 3:53:24 PM
From: Sultan  Read Replies (1) | Respond to of 25575
 
results of these wells will be incorporated into the company's year end reserve determination for Great Divide. This information will be included in Connacher's report of year end 2006 financial and operating results, scheduled for release on March 23, 2007.

I think the Field Trip with Analysts, Financiers, and the Update next month etc. paints a promising picture.. But who knows.. You are right.. Make your bets based on your hunches...



To: Bread Upon The Water who wrote (14922)2/3/2007 5:16:11 PM
From: Bituman  Read Replies (3) | Respond to of 25575
 
While I thank you for posting this information Sultan there is nothing particularly favorable in it. Essentially, it just reports that 6 rigs have drilled holes on Pod 1 and a second rig is going to drill some more holes there.

We know NOTHING about the results of these wells/holes.


Bill re-read the NR, they are drilling core holes on Pods 1,2,4,5 and land surrounding Pod 1....not just pod 1 as you infer.

We also know that several core holes have intercepted up to 30 metres of pay...thicker than any core hole on pod 1 (2P reserves on pod 1 are 79 million Bbls). That is something, not nothing.

2007 drill results will be disseminated mid-summer. The 6 core holes drilled in December will be included in the year end reserve determination due out March 23rd.

"bet accordingly" ...now that is sage advice!

Regards,