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Oldteck

08/07/10 3:40 PM

#3080 RE: Mattnyc #3079

Mattnyc Making money, less debt. General improvement. Their M1 (Deep Well) is producing, but may be horizontally drilled, depending on results of the stimulation test.

Marathon oil selected the site and drilled into a shale formation anomaly. That usually indicates a tight sands high pressure ridge.
It could be the Haynesville Gas Formation. If it is, this well will
take the boundary a little further west. They can tell by the isotopes.

If your thinking of investing here, you should take the time to read a little DD, it's all here.

Oldteck