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 : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Serge Collins who wrote (4289)	12/8/1997 8:58:00 AM
From: Kerm Yerman	Read Replies (1) \| Respond to of 24905

Serge - ALL (HOT) / Granger Energy - Founders Energy - Berkley Petroleum The Harthaven discovery by Founders Energy is a good one and located very close to Berkley Petroleum's very successful discovery at Froude (4B2-32-8-10W2). My guess is that the two area's are about 10 miles apart. Berkley's well tested at up to 4200 bopd. Berkley is currently drilling at 1-28-8-10W2. In regards to proxmitity to the Berkley discovery, I think it is worth mentioning that another very small company, who is listed in my SPEC 12 listing, has acreage on top of Berkley's discovery well. Granger Energy has 2800 gross undeveloped acres immediately offsetting Berkley's initial two wells at Froude. These wells are producing 2600 and 1875 bbl's/d. Grangers WI in the property ranges from 10.5% to 38%. Gross play potential amounts to 10 million bbl's recoverable reserves in the Ordovician pool and 400-2,000 bopd/well/zone. For those of you who like solid little company investments, put this one on top of your list. Don't sit on it. I highly recommennd those interested to call the company for better detail in regards to Granger's land holdings in the area and their plans for that specific property. I'm not absolutely sure, but Granger might have a 5.25% interest in the 1-28-8-10W2 well being drilled. (verify this upon contacting the company. Please provide feedback if you contact the company. Courtesy of Kerm's Korner.