Canadian Superior Energy (SNG)

[bdahl385]

I'm hoping for another 200-300 feet of sand before hitting the bottom of the formation. I hope there is not a gas / water contact line encountered. The gross sand would therefore be greater than 500 feet thick and I would expect the net to gross ratio to be high - around 85-90%.

That should add a minimum of 2TCF for this well alone if the lateral extent is close to the CHQ latest presentation slide.

Don't anticipate much of a bump in the SP short term though - tough market conditions right now for NG.

GLTY - maybe we'll see a flow test PR on this well at the same time as HMGP spuds their horizontal !!!