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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: HAZ who wrote (4304)	12/9/1997 10:08:00 PM
From: mike smith	Read Replies (1) \| Respond to of 24905

Kerm/Haz - Granger I spoke with Murray Sears (Granger's President) and he confirmed that Granger did have a 5.25% working interest in the 1-28-8-10 well that Berkley is drilling. If this well has similar results to the first two wells drilled by Berkley in the Froude area (both in the 2,000 BOPD range) then this would add approx. 100 BOPD to Granger's production base. The 1-28 well currently being drilled by Berkley enables Berkley to earn in 3/4 of section 28. As a result of Berkley farming in Granger puts up no capital on this first well drilled on section 28. Granger has a 5.25% interest in the 3/4 of section 28 that Berkley is farming in on and 22% in the remaining 1/4. According to Mr. Sears the well should be completed prior to Christmas, and if successful, put on production in early January. Other than Granger's web site and recent press releases the only information I have been able to find on Granger is the write up done on them on The Energy Stock Page at oilesp.com This may be a little outdated however.