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iShares Mortgage Real Estate Capped Message Board

  • dhappyguy dhappyguy Jan 14, 2004 7:50 PM Flag

    Drilling results look good

    Todays news release reviews the results of the end of the year results. Results look good, only tatum dome seems to be a disappointment but still being completed as a probable producer. No dry-holes reported, two of the wells that were scheduled to TD at the end of last year are still drilling.

    Production guidance for 1st half of 2004 about 15% above 1st half of 2003 but only modestly above 4Q. Most of these recent discovery will not be producing until 2Q or later.

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