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Gold/Mining/Energy : Tracer Petroleum (TCXXF)
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To: James Strauss who wrote (201)7/8/1997 7:53:00 PM
From: ziad daoudi   of 1261
 
Any one out there.,this thread is dead ,and i am not surprised
This is what i got from company regarding the future. At 09:28 AM 7/1/97 -0400, you wrote:
>Dear Mr Doctor
>we would appreciate an update about the ongoing search for a partner to
>start
>drilling
>
Dear Sir:

Discussions are continuing although to date no agreements have been signed.
In the meantime we are also analysing a number of opportunities which will
yield immediate cash flow. We have established contacts who will assist in
the financing of the acquisition of producing blocks which have been
targeted to provide drilling funds for the North Tanjung Block.

Thanks for your enquiry
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