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 (45)	2/5/1998 3:25:00 PM
From: HAZ	Read Replies (1) of 73

D.E. Any news on Pan East, I average down at 1.40 a couple of weeks ago and so far it looks really good. If the stock ever gets back to 3.00 I'll break even. I don't believe that the stock is rising because of the recently announced Petromet et al WildR 2-2-57-24 W5M well. With a 10.8% W.I PEC may get 1 MMCF/d from this one and maybe another 1 MMCF/d from a follow-up well, Petromet et al WildR 12-11-57-24 W5M (a 4,250 metre Leduc test), to test a separate Leduc reef seismic anomaly. I couldn't find any operated well licences from Jan 01, 1998 for Pan East. Do you have any news on operated or non operated wells. I also noted that TD bought some more stock recently but I forget their current position in PEC. It's nice to finally see some positive price movement. Cheers

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