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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: jhild who wrote (3777)	6/25/1998 7:11:00 PM
From: V$gas.Com	Read Replies (1) \| Respond to of 11684

Approximately 60 to 90 wells per month for one truck. The other questions are too hypothetical to answer intelligently, so I must pass. Too many contingencies. Where the fields are, production histories, reserve surveys, geology, etc. Regards, Bob

To: jhild who wrote (3777)	6/25/1998 7:25:00 PM
From: marcos	Read Replies (1) \| Respond to of 11684

Here's #reply-4950039 a guy I know who knows a fair bit about newer oilfield technology, he's the IR rep for an oilpatch service company in which I hold shares. That could turn into a useful thread, too, as a general educational sort of forum. Oilfield technology is evolving all the time, and old fields and old wells have been made economic or more economic using new techniques. I don't think any particular company has a lock on any particular development, though, and it is a very competitive business. Oil and oil-related companies are low right now, and imho whether we are at the bottom of the trough or not this is a reasonable time to pick up assets, always keeping in mind the three major Ps of the junior exploration business - Properties, People, and Phinancing - and the fact that while some juniors do well, most just fade away.