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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: Keith Minler who wrote (439)	3/10/1998 8:02:00 PM
From: Jim P	Read Replies (1) \| Respond to of 2306

Hi Keith, Seems to me that at this point we have a gas well.I don't know about oil. All this aside all I can think about is how are they going to ge the share value up to make the rights look appealing. About 15 business days to go with no sign of movement.I wonder what Mcleod will do if the rights are not exercised. Will he have enough time to do a private placement? Will it even be nessecary? We all seem to have anticipated an oil well, would a gas well be equally acceptable to the market? Hey Dale you once did a calculation on the effects of an oil well. Can you do the same for gas? We need a scouting report, any takers? Jim P

To: Keith Minler who wrote (439)	3/10/1998 8:06:00 PM
From: Keith Minler	Read Replies (1) \| Respond to of 2306

Hi All I have just heard a rumour that they are flaring at the ESSO well right now and it is pretty orange. Which I take to mean that at least some oil is present. Any scouts out and about tonight? Also I could use another lesson in oil/gas well procedures. I assume from what has been posted that the natural gas would burn fairly clear, and that an orange tinge to flare indicates heavier hydro-carbons; i.e. oil. Is there any way of telling from the flare if the gas is sour? Is there a sulfur dioxide odour for example? Now if we can only get the market excited!!! Later Keith