Eldorado Exploration Inc (fka EDEP)

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The silver lining to todays PR:
The company's Mesa well being drilled in Roosevelt County, New Mexico is at approximately 5000 ft. in depth and is expected to reach its first targeted zone at 6100 ft. sometime this weekend. The total depth of 7200 ft. would also allow the well to test the Montoya Dolomite zone at 7000 ft. Geology studies indicate the structure to be primary gas bearing with possible reserves of up to one trillion cubic feet. Eldorado has a net 33% working interest in the Mesa well and 11,300 leased acres covering the center of this very large reef based structure.