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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (1378)9/1/1998 7:27:00 AM
From: KC Jones  Read Replies (2) | Respond to of 2306
 
Hi BB

I know little about oil & gas but this does sound very promising. What is your opinion?

KC



To: Bearcatbob who wrote (1378)9/1/1998 9:52:00 AM
From: Jim P  Respond to of 2306
 
Looks like the release is correct. I received the following last night from our friend in Turner Valley.

I was out to the Turner Valley Area this evening and saw two great sights. First the ESSO well was flaring BIG TIME and Second, but even better, STAMPEDE/BEARCAT have a rig on the 7-25 well that they said they would deepen.

Greyhairs made some observations tonight on the TUSK thread about this flaring and he is bang on. They have a flare stack that is ~75 feet high and when I was out there about supper time there was 20 to 30 feet of bright orange flare with a lot of smoke (blackish). Thinking back to the flare at this well just after drilling operations were completed, this flare is bigger, about the same color and has much more black smoke. As a matter of fact I first saw this flare while checking out the activity at the 7-25 well, this was five miles away in broad daylight, this is one good sized flare!!

At the 7-25 well there was a lot of drill pipe hanging from the derrick and they were running pipe into the well quite quickly. This well is on top of a high ridge and is hard to observe unless one goes right up to the lease access road. I did not see this rig when I was out last week, but I could have missed it as it is not that easy to see. Things are a happening again in the Turner Valley Area. Will keep you posted.

Regards From Alberta