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: Kerm Yerman who wrote (6203)	3/23/1999 10:22:00 PM
From: Richard Saunders	Read Replies (1) \| Respond to of 24892

another possible wildcatting area play? - Kakwa Area in NW Alberta. To date some decent liquid rich gas finds (appear to be Wabamun profile) have occured. Chevron with Berkley & Newport had a "major gas discovery" about a year ago in the general Kakwa/Musreau area, Petromet has had successes in region and currently has tighthole status on some projects, Alberta Energy has a well currently drilling at 15-33-61-5 W6M and there's speculation that some good reserves may be proved up. Other areas which have recently proved good would possibly include Petro-Canada's success at Wildcat Hills (16-28-28-7 W5M), Canadian Hunter's Colt area discovery at 14-36-58-24 W5M and possibly Husky Oil's rumoured Red River formation play in SE Sask. near Ceylon, approx. 10 townships west of Midale.

To: Kerm Yerman who wrote (6203)	3/24/1999 10:59:00 AM
From: RIK	Respond to of 24892

Kerm /Fort Liard , N.W.T Purcell have an excellent website which details the potential impact of a successful K-29 well. purcellenergy.com

To: Kerm Yerman who wrote (6203)	3/24/1999 11:47:00 AM
From: Thomas F. Radcliffe	Respond to of 24892

Kerm, First off, I would like to thank you for all the diligent work you do on your daily new letter. It amazes me every day that you have the time and energy to compile such a detailed and lengthy piece. Can you give me any specific opinion on the oil and gas activity in the Turner Valley in Alberta with Bearcat/Stp Oil and their various partners? It seems like the area gets absolutely zero interest from brokers and news letters, even though, reported testing shows good things, equal to, or better than many other projects that are getting attention. What's your thoughts?...........Tom

To: Kerm Yerman who wrote (6203)	3/26/1999 11:17:00 PM
From: CIMA	Read Replies (1) \| Respond to of 24892

Hi Kerm. Re POE:VSE - I heard a very strong rumor today that POE-VSE (Pan Ocean Explorations) will announce a JV with Mobil on an offshore Newfoundland well next week. I've heard the name York Harbor mentioned, about 20 km away from Shoal Point where Pan-Canadian, Hunt and Mobil have just spudded their third well and started drilling their fourth. In the bit of DD I've been able to do I know these wells cost about $10M each. Jack Singer, one of the wealthiest people in Canada, is the Chairman of the Board of POE. His wealth was earned in the Alberta oilpatch. There aren't many shares out in POE (approx. 5.5M) so this looks like an unusually good opportunity for a junior. The deal looks like it's 60-40, with Mobil carrying the larger end. I would appreciate any comments on the promise of the area or any other pertinent info as I'm relatively ignorant in oil and gas. I bought some today because it sounds really good to me but I'm running a bit blind.