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

To: Bearcatbob who wrote (648)	3/18/1998 10:44:00 PM
From: Keith Minler	Respond to of 2306

Hi Bearcat, I'm afraid teevee is basically right. 3d seismic interpretation is incredibly complex. Even with all the data you still cannot tell which areas of even the same formation carry oil/gas. There is no simple magic expository device. More and more your intuitive suspicions are looking to be accurate. Previous dry holes have blown the play's credibility. While the large market may be unaware of what's happening there are enough oil types in Calgary with deep pocket friends who would have made some ripples by now. Scouting reports indicate some finds, evidently not enough to be exciting. Lets hope that for those of us already long, what they have will be substantial enough to allow the companies to continue the hunt. Later Keith

To: Bearcatbob who wrote (648)	3/18/1998 10:50:00 PM
From: teevee	Read Replies (1) \| Respond to of 2306

Hi Bearcat, There is a huge amount of alot of siesmic data available for the Turner Valley area, and more is being shot all the time. You are correct in that the regional trend is north-west to south-east. Also, the structures (pools) tend to be narrow and elongated from one to 4 or 5 miles long on average, but they can also be subtle and in the shape of small domes like BEA's crossfield hit down in section 13, tp 19 r2 W5, or smaller flexures on the limbs of large folds. Many structures are parallel, due to 'harmonic' folding, and thrust fault related folding. In addition, these structures must have a regional plunge and closure to trap gas &/or oil. Often there are also en echelon structures. This is why siesmic is performed-to find and identify these structures. Unfortunately, sometimes they are breached and there is no oil or gas in them and sometimes they are full of water. You have to drill to find out. Nobody will bid big money at a land sale, or drill a well, without already having a siesmic 'picture' of the sub-surface in hand. I am sure every player in the Turner Valley area has there own siesmic data base. I could post a rendering/cartoon of Mississipian and Devonian time structures, but then somebody from Calgary would have to kill me. regards, teevee

To: Bearcatbob who wrote (648)	3/19/1998 1:59:00 AM
From: jdi	Read Replies (2) \| Respond to of 2306

Bearcatbob, I have been reading this thread with interest over the last few weeks and I hope to add an occasional tidbit for the others on this thread when it is appropriate and/or needed. I have been long on the stocks for over 10 years now and have met all the principals, everything you have read and more is all true!! Both good and bad. With respect to your comment about 4 out of 5 wells being croppers this may be only partially true. I have had confirmation from a few outside sources and from Jack himself that the "zones he tested in those wells were either wet or dry" but when you have that much depth to test, some hydrocarbon bearing zones may have been passed up in search of the elusive elephant. Hope this starts to bring back some the "warm and fuzzies" that has been noticeably absent over the last 48 hours, remember anything is possible when you believe...... jdi