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Gold/Mining/Energy : Anvil Resources (V.ANV) -- Ignore unavailable to you. Want to Upgrade?


To: Peter who wrote (1928)9/11/1998 4:06:00 PM
From: AL Berta  Respond to of 2214
 
Oh but Peter, these guys are going to admonish you for suggesting that Anvil's well is in any way similar to the hundreds, nay thousands of other wells in the area.

Don't ask questions, just believe! Now repeat the mantra - "buy on dips, buy on dips, buy on dips".

Oh yeah. I almost forgot, $0.80 cents was where the last "buying opportunity" presented itself.

Buy on dips, buy on dips. You'll have lots more buying ops. Don't rush.

Regards, AL.



To: Peter who wrote (1928)9/11/1998 4:18:00 PM
From: overbyte  Respond to of 2214
 
The wells in this area drilled to this depth are few up to now. As a rule the deeper zones have the higher pressure. The size of the reservoir of each zone is a factor. To me the fact that it is taking so long for the frac fluids to clean out indicate that the frac fluids got dispersed into a large volume of sands. Also the fact that the flow rates increase with time is a very good sign to me. Also, the sands in the 10+ zones that were drilled through were thicker than expected, some were 40 ft in thickness. Somewhere I heard that the productive wells in the Wilcox trend have a 20-30 year life. I am not an oil & gas expert so we should check with Anvil concerning this data.

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