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Gold/Mining/Energy : Commonwealth Energy Corp. (CWY.ASE)
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To: David Parkinson who wrote (148)10/13/1999 6:28:00 PM
From: Leigh McBain   of 242
 
David, I actually posted a response a couple of days ago, but it seems to have evaporated. I was not suggesting that there was anything producing currently at that rate, however, the possibility is there as the potential would match original production rates, not current rates, for the existing wells. Unless the field has been tapped out of course. That should not be the case given the non-producing expanse of land immediately surrounding CWY's prospect.

I am still NOT trying to tell anyone to expect 12,000 bpd, just indicating that this well has excellent potential. The 800 bpd would be great, let alone 1500, 2500, 5000, etc.

Salut,
Leigh McBain
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