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

To: JungleInvestor who wrote (40623)	3/22/1999 11:28:00 PM
From: Douglas V. Fant	Respond to of 95453

Jungleinvestor, I won't take a shot as to estimates of gas reserves in the San Juan Basin- but coal bed drilling is very active and generally pretty successful in NW New Mexico. Also look a bit further south to the Permian Basin in southeastern New Mexico and west Texas. Long one of the great oil fields of North America (21% of the USA's oil reserves), people are now awakening to the fact that there are significant gas reserves in the Permian Basin too. Maybe because it was so easy to produce oil there noone sought the natural gas. So it's a relatively unexplored province from a natural gas perspective. And eastern NM / western Texas were both once shallow seas for milllions of years. So if you are a paleontologist or an archaeologist, it's a great place to look for dinosaur bones and pre- historic sites. In fact about a month ago one pumper for another stopping to check a wellhead company found a really ancient but fairly well preserved silver knife blade about 16 inches long wedged between two rocks on a little rise near a wellhead. (He heard some quail calling and went over to see them, looked down and saw the knife handle wedged between two rocks sticking up). He turned it over to the State of Texas Parks Group for examination. Well see what it is but the best guess is that it is Spanish in origin. Coronado's original exploratory party in 1539 of Spaniards and Native Amercans (and Aztecs!) explored eastward over the Llano Estacado al the way into the SW Kansas. On ewonders if this dagger was carried by a member of the Coronado Expedition or some followup group of Spanish Explorers.... BTW,one of the coolest National Monuments in the whole US is called the "El Morro" National Monument, and is just south of the San Juan Basin. El Morro is south of Interstate 40 from Grants, New Mexico. It is alimestine headland with a ntural catchment basin that usually held 250,000+ gallons of fresh water at any time. Every major Spanish expediaiton/supply group that came into the US stopped at El Morro. And many carved their life history into the sandstone rock. These carvings are now 300+ years old but look as freshas the day they were carved. You can spend a whole day reading the inscriptions,and going up on the rim where there is a massive Indian Village Ruins too... If you are ever in wester NM, I highly recommend stopping at El Morro or "Inscription Rock". If you go that way I'll give you a couple of ranchers' names who let you come onsite and dig fossils. It's so wide open and lonely out there that they're just happy to have someone new to talk to.....