Pan East Petroleum PEC-TSE Several Projects Starting Message Board

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Gold/Mining/Energy : Pan East Petroleum PEC-TSE Several Projects Starting

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To: D.E. Shetland who wrote (13)	6/11/1997 9:28:00 AM
From: HAZ	of 73

D.E. I received Pan East 1st quarter report, and I have a few questions about it. Q1 - Two 3000 meter Mississippian tests in Strachan Deep Basin were cased to total depth, and both are multi-zone, liquids-rich natural gas discoveries. Do you have any idea on the reserves and daily production, in BOE/D ? Q2- Bertland River was spudded in April, have they reached TD and if so what are the results of this test ? Q3 - At Ram a re-entry was spudded in May, dido on Q2 ? The stock has been performing well lately and has moved up to 4.40 range from high 3's range. I also noticed that Willie has included Pan East in his new portfolio after winding up his old one, I'm not sure why he did this since many of his old picks are still in his new portfolio. Any information is appreciated. Regards,

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