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Re: lowman post# 4240

Monday, 07/10/2006 10:37:57 PM

Monday, July 10, 2006 10:37:57 PM

Post# of 28061
Are you referring to this being the first hole at this location or the very first hole?


Eldorado Exploration oil find potential
by: OilOnline
Tuesday, August 02, 2005
Eldorado Exploration has announced that its most recent oil well drilled in Eastland County, Texas, potentially has five offset locations in the canyon sand in addition to three deeper zones that appear to be productive. The well also encountered the Barnett Shale which can have very high production rates if frac'd properly. This well, as all locations drilled by Eldorado, was found using the PIP Process which can help pinpoint oil and gas deposits when there is insufficient geology to properly evaluate a prospect.

http://www.oilonline.com/news/headlines/ephotline/20050802.Eldorado.18704.asp

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