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 (35)	10/6/1997 10:56:00 PM
From: HAZ	of 73

D.E. What do you make of the latest press release concerning Bullmoose. They actually released it twice, once on Oct 3 and again today. If I didn't understand it on Oct 3, why would I understand the same press release today. It sounds like the gas has a certain % of water in it, and they are trying to figure out how to separate the gas and water. I don't understand all the technical details with oil wells. They did not specify the production numbers from the test, and now the well is on pressure build-up, whatever that means. What do you make of this press release ? Thanks in advance

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