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Microcap & Penny Stocks : Kelly Oil (KOGC) -- Ignore unavailable to you. Want to Upgrade?


To: Caroline and Daughters who wrote (30)6/25/1998 10:21:00 PM
From: wolfdog2  Read Replies (2) | Respond to of 50
 
Bookout at the annual meeting referred to the Scana drilling as wildcat wells. Sure they have the seismic surveys, but that's nothing like the assurance they've had on some of their drilling sites where, especially in the northern properties, they were essentially punching a new holes into a proven field. Of course, they have also drilled dry wells on their existing properties. This is just my take on the situtation. If you want a more definitive answer, why don't you ask Kelly on their web page why Bookout described the Scana wells as wildcat wells.