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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?


To: Just My Opinion who wrote (2822)8/8/1998 10:34:00 PM
From: Author51  Read Replies (3) | Respond to of 3817
 
The three existing wells at Matagorda were all producing....Quite handily I might add.....However the operators were not quite the best, and they sanded up.........The Frio has not been drilled, but the seismics are impressive......There IS gas in the Miocene, that is a FACT........Current plans are to drill new at a better target, but worse case scenario is re-entry.....which with today's tech is NO Problem......We're sittin on a gold mine........Peace