behemoth of hydocarbons, page-2

INVESTIGATION INTO THE BEHEMOTH.


PACRIM RELEASED THIS:
Update – US Gas Project - Behemoth Prospect (Worthington 2-8 Well) Pacrim Energy Limited hold a 12.5% free carried interest to commercial discovery in US Gas Projects (North Sacramento Basin California).The operator, NEG, has advised the Company that Worthington 2-8 Well reached a total depth of 13,506 ft. Electric logs have identified multiple target zones that warrant testing. Casing was then set to 13,474 ft. A further suite of down-hole logs was run inside the casing providing additional
supportive information on the target zones.
Testing is expected to be carried out during April (subject to test rig availability).

NOW READ THIS FROM FIDELIS (Operator is also NEG!).


On July 18, after a short drilling delay Fidelis announce that the "Archer-Wildlands #1" gas well at the Company's North Franklin Project reached a total depth of 7,736 feet on June 15. The Winters sand pay had excellent gas shows in the mud log and the suite of Resistivity and Sonic electronic logs showed clean sand pay with 100% gas fill-up within the pay zone. The intersected sand pay exceeds in thickness what is producing at the "Archer-Whitney" well. A casing election was immediately made and the Company is pleased to report that the well is now cased to depth with production casing. Fidelis and partners are now preparing to complete the well and the operator is preparing a perforation plan to be implemented during the well completion phase. Of note, is that the gas gathering line and tie-in to pipeline have been constructed at the Wildlands location. Now all that will be required is to install a gas-flow meter following the perforation and completion program. The well can be tied-in to the pipeline with no delays, such as occurred with the initial pipeline construction. The operator has called for a completion rig and Fidelis will report on timing when the rig becomes shortly available. It is estimated that the completion phase of the well that includes will occur over the next 2 weeks.

AND NOW THIS....



Fidelis Energy, Inc. (OTCBB:FDEI), today is pleased to announce the November gas production at the North Franklin Project, Sacramento California. Production from the Company's gas well, the "Archer-Woodland #1" totaled 87.933 Mmcf. Fidelis has a 35% working interest in the North Franklin and a 28% net revenue interest.

The average daily production rate for the month of November totaled 2.93 Mmcf per day, up from 2.83 in October and 2.56 Mmcf in September.

More » Fidelis receives monthly revenue from the gas production, which for October production totaled over $198,000. The PGE-Citygate gas price was $12.55 per Mcf on December 5th.

COME ON THE BEHEMOTH.