Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: ISPYOIL who wrote (5615)	11/25/1998 7:43:00 PM
From: Bearcatbob	Respond to of 24925

Well control efforts begin Berkley Petroleum Corp BKP Shares issued 65,910,889 Nov 25 close $10.30 Wed 25 Nov 98 News Release See Elk Point Resources Inc (ELK) News Release Mr. Brian Goodfellow reports The Bellevue No. 1-17 East Lost Hills well, which blew out and ignited at approximately 8:30 p.m. on Nov. 23, 1998, is burning sweet natural gas and condensate. The well had reached a depth of 17,640 feet and had penetrated the Temblor formation prior to the blowout. There were no injuries involved in the blowout as the rig personnel were evacuated safely prior to the well igniting. Well control specialists Boots & Coots International Well Control arrived at the location at approximately 3:00 a.m. on Nov. 24, 1998 and are mobilizing their specialized control equipment from Houston to the site. Most of the equipment is expected to arrive today to begin the process of clearing the debris from the wellhead. Preliminary estimates are that it will take until Nov. 30, 1998 to accomplish this task. Once the initial wellhead cleanup is accomplished, a better assessment can be made to determine the best alternative for getting the well under control. As a contingency, engineering designs for a relief well are under way. All personnel at the site were evacuated safely, and the main priority now is to work with Boots & Coots to get the well under control. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com