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


To: Peter who wrote (42)4/21/1998 1:54:00 PM
From: viper  Read Replies (1) | Respond to of 754
 
16.5 sections owned by First Star. If the rumours are true and you compare it to the Caroline discovery which covered 40 sections and had the same pay zone then this would be 1.64 TCF. The Caroline discovery was 4 TCF. If you believe they are busy staking than they must believe its bigger than 16.5 sections!!



To: Peter who wrote (42)4/21/1998 1:56:00 PM
From: viper  Respond to of 754
 
Also, keep in mind that First Star's geologist, Grant Pitcher is credited with the first discovery in Strachan of 1.5 TCF and Apache has invested $ 2 million for their 17.5% interest. I am just putting the pieces together, and watching the ticker tape...