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dirtdog

02/22/07 11:13 AM

#15454 RE: earl77077 #15453

On Jan26th EDEX announced the completion of a Palo well,on Feb.20 they sell half of field for 100k,the new owners want all the money used for siesmic.This field was suppose to have 100's of k of oil.Just a hunch but well was dry,Pip failed, and a fire sale happened.Just extrapoilating data,no updates given by EDEX as usual.