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Message: Interim Email From Steve.
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Below is my response to my email which is also included... it is an interim response... Again I will keep you posted when I get further information...
Wolf
RE: Analysis
| From: | Steve Millan (smillan@canadianimperial.com) |
| Sent: | January 30, 2009 9:14:30 AM |
| To: |
I will have to check into this.
Steve.
Hello Steve...
I was reading some historical information regarding the take over of Encore... I was always under the impression there was only 1 producing well of 20 BOE... in a release of last year it was stated that:
Quote:
"At September 1, 2007 an independent engineering firm, Gilbert Lausten Jung ("GLJ") had estimated P+P reserves of 50 Mboe net to the producing assets. An updated, 51-101 compliant reserves evaluation is underway by GLJ and will be complete by late June / early July. "
End Quote:
So are there more than one producing well and the 20 BOE is old information based on 2007 production and there is actually more oil being produced from more than one well ??
I look forward to hearing from you..
sincerly,
Fully invested...
I was reading some historical information regarding the take over of Encore... I was always under the impression there was only 1 producing well of 20 BOE... in a release of last year it was stated that:
Quote:
"At September 1, 2007 an independent engineering firm, Gilbert Lausten Jung ("GLJ") had estimated P+P reserves of 50 Mboe net to the producing assets. An updated, 51-101 compliant reserves evaluation is underway by GLJ and will be complete by late June / early July. "
End Quote:
So are there more than one producing well and the 20 BOE is old information based on 2007 production and there is actually more oil being produced from more than one well ??
I look forward to hearing from you..
sincerly,
Fully invested...
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