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Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?

To: John S. Sturges who wrote (2462)	1/31/1998 12:10:00 PM
From: Thomas M. Carroll	Read Replies (1) \| Respond to of 5504

John, That was a very helpful analysis, at least for me. Thank you.

To: John S. Sturges who wrote (2462)	1/31/1998 12:35:00 PM
From: art slott	Read Replies (1) \| Respond to of 5504

John a couple of geologist types on Yahoo feel the Seven Seas find bodes well for Harken. I forget if they were referring to Catalina or Cambulos. Art Subject: Seven Seas Petroleum \| Previous \| Next \| Respond \| To: +Clive Bird (0 ) From: +jackie Friday, Jan 30 1998 9:02AM EST Reply # of 471 To all, Any comments on this? News from this morning: Friday January 30, 7:57 am Eastern Time Company Press Release SOURCE: Seven Seas Petroleum Inc. Seven Seas Announces Test Results for El Segundo No. 2-E Well HOUSTON, Jan. 30 /PRNewswire/ -- Seven Seas Petroleum Inc. (Amex: SEV - news; Toronto: SVS.U - news) announced today the completion and results of 33 days of production and reservoir testing of its El Segundo No. 2-E well located on the Dindal Association Contract (concession) of the Emerald Mountain project in Colombia, South America. A maximum actual production rate of 5,381 barrels of oil per day and 826 thousand cubic feet of gas per day were realized from a perforated production interval of 314 feet in the Upper Cretaceous Cimarrona formation encountered approximately 1168 feet low to the structural position of the discovery well, the El Segundo No. 1-E. This actual production rate was realized through the utilization of a downhole pump rated at a maximum production level of 5,200 barrels per day. Production testing confirmed that there was no evidence of any oil-water contact. Of particular importance was the clear indication of interference or pressure communication between this well and the El Segundo Nos. 1-N and 1-S wells approximately 4.5 and 6.0 kilometers to the south, respectively. The El Segundo 2-E's actual production rate and the interference data confirm a significant extension of the reservoir to the north, with a consistently high degree of permeability and productivity. Seven Seas also announced that the Tres Pasos No. 2-E well, which had been sidetracked at a depth of approximately 3,100 feet, was currently drilling ahead at approximately 4,900 feet. The Tres Pasos 2-E well is located approximately 9 kilometers north-northwest of the El Segundo No. 1 wells' surface location. The Company further stated that completion work was continuing in an effort to overcome mechanical problems encountered earlier on the El Segundo No. 3-E well, located approximately 4.5 kilometers to the south of the El Segundo No. 1 wells' surface location. Statements regarding anticipated oil and gas production and other oil and gas operating activities, including the costs and timing of those activities, are ''forward looking statements'' within the meaning of the Securities Litigation Reform Act. The statements involve risks that could significantly impact Seven Seas Petroleum Inc. These risks include, but are not limited to, adverse general economic conditions, operating hazards, drilling risks, inherent uncertainties in interpreting engineering and geologic data, competition, reduced availability of drilling and other well services, fluctuations in oil and gas prices and prices for drilling and other well services and government regulation and foreign political risks, as well as other risks discussed in detail in the Seven Seas Petroleum Inc.'s filings with the U.S. Securities and Exchange Commission. Seven Seas Petroleum Inc. is an international oil and gas exploration and production company. For more information, contact Herbert C. Williamson III, Chief Financial Officer at 713-622-8218. SOURCE: Seven Seas Petroleum Inc. \| Previous \| Next \| Respond \| View reply to this message View SubjectMarks Bookmark this Subject Return to Gold, Mining, and Natural Resources One or more words separated by spaces: Subject Titles Only Full-Text Messages with Links Send questions and feedback to webmistress@techstocks.com Terms of Use