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


To: kingfisher who wrote (222)4/25/1998 10:37:00 PM
From: grayhairs  Read Replies (1) | Respond to of 754
 
Hi Richard,

Yes, the well participants can choose to keep all well information confidential for a period which expires 1 year from the date of rig release.

They can test it, tie it in, put it on production and not announce a single thing (publicly). But, they will have to disclose info to various contractors, service companies, suppliers, regulatory bodies, product marketers, etc. And, actual monthly production information becomes public within, I believe, 60 days of month end. So, bottomline is that INFO WILL GET OUT!!

Yes, or in the alternative an "extensive" production test can be used to "convert" probable to proven category.

Later,
grayhairs

P.S. - Your "common sense" had you reach for that "trusted Exploration Handbook to verify". Unfortunately, some investors lack either the handbook or the common sense, and swallow all the B.S. on these threads.

- It sounds as though Scotchman has heard the "predictable" next rumor!! If so, prepare for a buying opportunity on Monday. Man, I love this game!!



To: kingfisher who wrote (222)4/26/1998 2:17:00 AM
From: Wizzer  Read Replies (1) | Respond to of 754
 
R.Barbe, what is the name and author of your exploration handbook? Would you list the details of the book, because I (and I'm sure others) would like buy it so we could have a reference when reading posts for definitions and general information. Thanks in advance.