Re: The results from St. Edward
in response to
by
posted on
Aug 24, 2009 11:08AM
(Edit this message through the "fast facts" section)
Forest Oil stated in their last conference call that they are waiting for lab results on the drill core. They will reenter the three horizontal wells (2 Gastem/Questerre and 1 Junex) in the 4th qtr 2009 / 1st qtr 2010.
I believe Forest entered the Utica formation in the lower, middle, and upper sections. QEC has stated they achieved consistent results from a particular interval in the middle section of the Utica.
Forest Oil may have to redrill the horizontal sections of their wells to achieve optimum results.
I am hoping that Talisman cooperate with Forest and tells them the exact location of the "sweet" spot.
I am not impressed with the technical abilities of Forest Oil, Talisman seems much better.