Found this press release at
sedar.com
May 17, 1999
V.S.E. Trading Symbol: "BTU"
bus. 604.609.9609
fax. 604.689.7654
PRESS RELEASE
The Board of Directors of Black Tusk Energy Inc. ("Black Tusk") is pleased to announce net production levels from the wells in the Brazeau River area are currently averaging 300 barrels of oil equivalent per day. Based on current production, the estimated monthly cash flow is in excess of $170,000 net to Black Tusk. A further increase in production is anticipated upon final optimization
of the Brazeau River field. Lease preparation has commenced for the drilling of an exploratory Shunda well in section 27-48-12 W5M which Black Tusk holds a 100% interest in. Recent Shunda production results from wells in the area indicate production in excess of 10 million cubic feet per day of liquid-rich gas (1,000 barrels of oil equivalent).
ON BEHALF OF THE BOARD OF DIRECTORS
OF BLACK TUSK ENERGY INC.
"BRIAN FINDLAY"
______________________________
Brian Findlay
Director
A steady source of revenue is always a good thing.
This company does not seem to be well known.... yet!
They have a web page at btu.ca but I was informed through email that it won't be fully functional until next month.
It just crossed it's year high and it looks like its heading to new levels, but as always do your own DD.
Post #1 answers alot of investor details.
Any comments? |
