To: andrew r harwood who wrote (1898 ) 4/27/1998 8:09:00 PM From: andrew r harwood Read Replies (2) | Respond to of 3335
continued.---.i find it interesting the suposition that the seattle area is a great area for a natural gas find ,i would think its one of the more competitive markets in the country being so close to abundant and cheap canadian natural gas . turkey is also interesting ,considering that the company paid virtually nothing for its turkey concession i woul;d think there is a strong chance is worth nothing , the fact that oil has been found 30 miles away is meaningless , you would be laughed out of the bar in oil country if you tried to sell an oil and gas lease 30miles from another find,even if they drilled and found something it proably wouldnt be worth much due to its remoteness,look at arkis they have lots of huge wells in the soudan but due to remoteness and guerilla activity its worthless. the merger is a nice way to increase the value of insiders stock in safari but doesnt prove up a single cc of gas , all it does is dilute epics stock even more .if they had something significant in this second well my experience with these juniors is that they would be shouting it from the rooftops,the silence means they dont have an economic well they are just trying to string it out as long as possible in my opinion.well i wish you all luck panting with bated breath waiting for the first note from the epic safarti board meeting but i wont be holding my breath. why anyone would think after two clunker holes the base on the stock should be higher than it was before they drilled is beyond me, the base will be lower since the blue sky of the plays potential is gradually disipating among failed holes,(in some of the earlier notes there were references to old holes that were clunkers also and the fact that texaco had given up on the play ,some excuse or other was given .anyway bon chance arh