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Gold/Mining/Energy : first star energy FST on the ASE -- Ignore unavailable to you. Want to Upgrade?


To: viper who wrote (25)4/20/1998 5:33:00 PM
From: grayhairs  Read Replies (2) | Respond to of 754
 
Hi viper,

TKE, FST and DAL have all announced that they did not encounter the Leduc. So, any gas found probably is not from the Leduc. If they were drilling in the Duvernay at 4126m on Friday p.m., then any gas at 4220-4279m would likely (IMHO) be from the Swan Hills.

If they have Swan Hills gas, they may still want more data on the Leduc and so they may run a Dipmeter survey when they log. But, unless the Swan Hills testing is disappointing, I can't see them using this hole to whip for another shot at the Leduc.

All the horses on this team are not pulling in the same direction (TKE +6%, FST -13%, LEY-14%,and DAL -35% today). Can you offer any explanation as to why, if in fact they do have Swan Hills gas?

Later
grayhairs