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Alias Born 10/28/2000

Re: None

Sunday, 08/12/2001 10:22:48 AM

Sunday, August 12, 2001 10:22:48 AM

Post# of 13000
RE: Land where drilling is taking place (Coalinga nose)

UNDEREXPLORED! Read the Moreno is a relative new VIRGIN field.

The well is currently drilling through the Moreno Formation, a secondary target expected to be about 800 feet thick. The Moreno Formation consists of shales with interbedded sands lying above the Cretaceous Brown Mt. Sand. Upon entering the Formation, gas kicks were immediately encountered at 9,600 feet with associated rapid drilling rates. Mud weights were increased from 12.0 pounds per gallon to 13.3 pounds per gallon raising hydrostatic pressure to 6,900 psi. Total sand thickness in this secondary target is 45 feet with 60 feet of total gas shows. These gas shows will be investigated for their potential commercial value as the Moreno Formation is relatively >b>underexplored.



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