Kelly Oil (KOGC) Message Board

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Microcap & Penny Stocks : Kelly Oil (KOGC)

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To: wolfdog2 who wrote (10)	2/2/1998 5:28:00 PM
From: Caroline and Daughters	Read Replies (2) of 50

not much of an explanation for bull, but as we both know there is no explanation for bull that is just what it is: bull. More seriously, I think,this company , a long time ago , was a high flyer, then they ran into a series of dry wells and almost went belly up. Since then they have entered into partenerships with others and they have a new CEO and COO and have struck some huge finds in Louisiana and the gulf. They are using 3d siesmography and seem to having having a much higher success rate. To the negative side the price of energy has plummeted recently although for the time being they have a hedge agaist that. I just think that they are a well run co. and the price per share should appreciate. I have no hard facts other than what the co. puts out. AL (Caroline's grunt)

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