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To: MarcG who wrote (2351)1/23/1998 9:28:00 AM
From: alchemy  Respond to of 4736
 
Hello Marc: I have not called Gruy. Good move on your part. I spoke to the company about Gruy and learned that they have sent all flow reports to them with all the wire-line data and frakking information. According to Paul, they will release the report as soon as they receive it. I did not get a sense that it would be within the next week.

I am hoping for a more detailed report than Geophysik's. One that gives us flow rates for the six new wells. Four of the six are now hooked up. My spreadsheet for this company is worthless without individual well information.

They need two independent reports to determine asset value of the field for accounting purposes so it is in the company's interest to release asap. This is the first time they have used two indep. eng. firms which indicates to me that they are following DT's game plan for becoming a 12g company.

marty