who is agentm, page-14

yeah well said

Nope it sure is not, regardless of all the BS hype I think Sushi even though he goes a little far sometimes brings some balance into the otherwise over posted over ramped over expected share price.

who is ramping what share price? the last brokers report gave price estimates on 800 TCF with no condensate, i gather you dont invest for an outcome then? unlike you, i invest for an outcome, and have accepted the high risk high reward, and anticipate a generous sare price if the chalks flow at commercial rates.

This thing could just as easily die in the ar$e as go through the roof. Bigger companies have come unstuck and just because we are partners in a jv with bigger companies should not provide a "comfort blanket" as the bigger they are the bigger they fall.

stating the obvious really, as the high risk high reward aspect of this share investment is very obvious to all. its common to all O&G explorers.
which bigger companies have come unstuck in the austin chalks? I didnt know any of the top 10 corporations were in the chalks? can you explain which field and which larger corporation it was? thanks in advance.

Anyway hope we make a killing...but I am simply not getting baffled by all the B$ posts from either party.

i hope that wasnt a ramp about hoping to make a killing, you said before you didnt like ramping..

The facts are at the moment is that we have NO FLOW!!! Until more info/evidence comes out I think we should just wait and quit both the ramping and downramping B$ posts.

If there was no flow i guess its all over then. its amazing that they are testing zones that have no flow..
and drilling a 5000 foot horizontal into the sugarkane that has no flow.. can you present where the jvp's have stated their is no flow? thanks in advance.

i tend to think the TCEI are testing for flow, and the refrac on zone 3 is obviously being done for a good reason, up until now i had no idea is was being done on the chalks that had no flow. i would be greatful to know where all this data about no flow is coming from?
the test reports i have seen from kunde 1 dont indicate no flow at all!!


just so you get the picture, concocphillips and TCEi had done extensive testing of the zone 1 chalks years before the sugarloaf 1 well drilled in sept last year.
the sugarkane, or zone 1, has been flow tested and is on production. recently conocophillips drilled a horizontal well, kunde 3 to produce from the sugarkane, these wells are 6 miles west of SL1.

SL1 was a step out well, the first phase success was announced when the well reached TD at 14500 feet in sept 06, was as far as most jvp's wanted to go, the decision to drill to 21,000 feet was made at that point, the permit put in, and away she went.

i didnt see any posts about that in sept, and i gather you were not in the picture about it then, but the hosston sands were a seconday target, the primary has always been the chalks.


The wirelines themselves plus the extensive testing both conocophillips and TCEI had done for many years, along with the knowledge of 11 wells in the region, was enough for TCEI to drill a 5000 foot horizontal near the SL1 well, its called kennedy 1H and is currently at 11800 feet md and in the early part of next week will be drilling into the sugarkane (zone 1).

i hear from you today that TCEi is drilling into a play that has no flow? thats staggering. absolutely astounding. I dont agree that the jvp is throwing millions of dollars at the fracing and flow testing of 3 dry zones with no flow. i see the current status of the Sl1 step out well as having 1st phase success, with the sugarkane good enough to drill of the strength of the wirelines.

i dont think anyone accepts the notion that you drill a 5000 foot horizontal blind into a zone with no flow!!