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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: BigBull who wrote (38849)	3/4/1999 1:51:00 AM
From: Gottfried	Respond to of 95453

BigBull/all, law suit against WFT filed. Wednesday March 3, 10:33 pm Eastern Time Company Press Release Joint News Release by Owners of Winfield Ranch 17 1-E Well, Pecos County, Texas biz.yahoo.com Excerpt The Winfield Ranch 17 1-E well was drilled to 25,740 feet and was cased and logged. Log analysis indicates a potential of more than 1,100 feet of gross pay in the Ellenburger formation, a highly prolific gas zone in the area and the primary objective of the well. During the operation to clean out the production casing, a string of drill pipe supplied by Weatherford International, Inc. (NYSE:WFT - news) and manufactured by a Weatherford subsidiary parted and became stuck in the bottom section of the hole. Efforts to fish out the stuck string of drill pipe were not successful. The working interest owners, together with the operator, Baytech, Inc., announced today they have filed a lawsuit against Weatherford in Pecos County, Texas. Gottfried