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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 (54)4/21/1998 8:20:00 PM
From: Buckey  Respond to of 754
 
Strachan well reaches 4,340m
First Star Energy Ltd FST
Shares issued 18,983,832 Apr 20 close $0.45
Tue 21 Apr 98 News Release
Mr John Squarek reports
The Strachan 3-22-8-39W5M well has reached a total measured depth of 4,340m in the Cambrian. Logging is expected to be completed on April 23. First Star, in consultation with its partners, will evaluate drilling data and wireline logging information to determine whether the running of casing to total depth is warranted. (First Star 20% BPO, 25% APO).The operator has invoked tight hole status and participants are not at liberty to disclose any further information at this time. As reported in Stockwatch March 30 1998, the well is already cased to an intermediate depth of 3,420m.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com



To: grayhairs who wrote (54)4/22/1998 9:57:00 AM
From: viper  Read Replies (2) | Respond to of 754
 
Hi grayhairs,

Not a bad start hey? FST is by far my favorite.....and yes I think there is indication of a discovery.... FST has the best deal with Apache if you look at what will happen over the next 3 wells. I expect they will be casing later tonight.