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Re: PinkElephant post# 38296

Wednesday, 08/06/2008 2:48:48 PM

Wednesday, August 06, 2008 2:48:48 PM

Post# of 51429
PE- Those are some good links there. I will have to study them further tonight when I have more time. One point though, even though the NOI showed a projected TD of 1350' in the Mississippi formation, I do not read from the PR that they had any pay zones below the Squirrel (~825' - 925' range in this area), FWIW.



From Hemi 7/31 PR:
"The open hole log suite confirmed a Squirrel payzone that we are producing is about 13 feet thick and with top 10 feet clean sands with excellent porosity and good resistivity showing through that interval with oil saturations of 55% or greater. >snip< In addition to the multiple payzones referred to in previous press releases, we also have discovered a yet-to-be-named 12-feet-thick payzone at approximately 600 feet deep in this well, which also contained exceptional saturations of oil."

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