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


To: grayhairs who wrote (26)4/20/1998 8:25:00 PM
From: Scotchman  Read Replies (3) | Respond to of 754
 
Hi grayhairs,

The news release stated the Leduc formation was not encountered at it's anticipated depth, it did not say gas was not encountered.
Information is very limited and hard to come by.

Good Luck,
Scotchman



To: grayhairs who wrote (26)4/21/1998 1:00:00 PM
From: viper  Read Replies (2) | Respond to of 754
 
Your analysis is in our opinion right on. Swan Hills is the hit. At this point we can only rely on rumours which of late are indicating a 20 metre pay zone of mass proportion. If you look at Caroline there is a 4 TCF discoverey in the Swan Hills. Just remember, Apache does not call a TIGHT HOLE status for nothing.