Re: Park Place-rockfish
in response to
by
posted on
Jun 26, 2008 07:25AM
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This puppy will still fly.
Logs won't reveal that much. Cased hole logs will show the top and bottom of the formation, which is important when perfing the casing. Open hole logs will indicate but not conclusively state what is down there and some formation data.
Want to see this puppy fly? Get a NR that reports what the wells are able to deliver to the marketplace. Gas, Oil, both!!! Revenues are simple to calculate, and a value per share is then realized.
Big Trader - what do you base your statement on? "TN geology does not permit to have hugh reserve of OIL." Try telling it to the owners of the Howard White #1 Blowout well. 500 bbls/hour, and 5 million of gas per day.