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Gold/Mining/Energy : Commonwealth Energy Corp. (CWY.ASE)
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To: Jim Ilchyshn who wrote (146)10/7/1999 5:05:00 PM
From: Leigh McBain   of 242
 
Price will be totally dependent on what we get for results. If this is a 12,000 bpd well, $2.00 will be pocket change. If it's a 500 bpd well, $2.00 will still be a ways off. So we wait and see. The nice thing is that they seem to be quite confident that the gas show will be economic regardless and with the accuracy of the predicted Dakota zone intersection, it will likely be worth drilling other targets anyway.

Salut,
Leigh McBain
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