Agoracom: Small Cap Investment - Canadian Imperial Venture

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Shepp

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Email from Steve

posted on Dec 10, 2009 06:08PM

I sent an Email to Steve voicing my concern about water infiltrating the well. Here is the reply.

We do not anticipate water infiltration to be a problem. This was not experienced in the 2K-39 well or the earlier K-39 well drilled by Pan Canadian (Encana). Incidentally, geochemistry of the Green Point in this area indicates that the horizon is in the "oil window" meaning that any production that we might establish would be dominantly oil . This would make a huge positive difference to the economics of the play compared to gas production.

Steve.

Sent: December 8, 2009 9:08 PM
To: info@canadianimperial.com
Subject: GPF

Hello Steve: I have been holding this stock since we struck out with the shoal point 2k39 well. The Green Point shale's have always held my interest and optimism. I have a question though. Since the Green Point shale's are so shallow and under the ocean for the most part. Will water infiltration into the well boar be much of a problem? I know that too much water can kill a gas well.

Shepp

2 Recommendations

Re: Email from Steve

Akerman

Dec 10, 2009 07:06PM

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