I emailed Tom earlier about the document showing the different drill depths-
dunterdunt@comcast.net wrote:
Hey Tom. Someone posted a c-103 form on the web which shows casing being set to 2715 instead of 4800' as planned. Are we not going for all three zones now, or is this just as of right now? Also, it is listed as a gas well...I thought there were both oil and gas potential pay zones..
I'm taking this stuff with a grain of salt, because the form seems limited as far as explaining things fully or allowing a lot of detail. That said, I appreciate you answering me before, and if you can answer me about this stuff, would it be ok to share your replies on the web to allay peoples fears from reading a lot into this?
From: Tom Laurance <eldoex@yahoo.com>
Mark, the casing was set at 2715 ft to protect the two gas zones we drilled up to that point. The well was planned to drill to +7000ft, so casing was ready to be set at about 4800ft, but we needed it sooner. The deepest zone has not been tested yet, because we had a lost circulation problem in drilling and we wanted to not damage the production potential. We plan to set casing to the bottom of the hole and drill anouther few hundred feet to make sure we have drilled all of the potential zones of interest. There is a good chance for oil, but I would still be happy with gas. We should have a very good well in either case. Remember, we have room to drill lots of wells. This has the potential to be a major discovery ----- we just have to confirm it with reserve estimates and production rates. We also have two more large lease positions nearby with similar PIP indications. 2007 will be big for EDEX. Tom
