InvestorsHub Logo
icon url

medchal

11/30/06 10:09 AM

#9642 RE: runwitheggsin1basket #9641

Gas of good quality is verified by the company.

To be salable, it would have to be available in some minimum quantity to merit collecting it, which has not been verified. (Oil was verified at Kosciusdo #1, too, but, despite initial reports, it was not of sufficient quantity to merit pumping it, not to mention that the quality also quickly deteriorated below what would be necessary to make it salable).

The last press release indicating that fracturing was taking place was ten days ago, and the company has not reported further on what this process is doing or has done to the flow of gas.