Amalgamated Exploration Inc (AXPL) Message Board

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Gold/Mining/Energy : Amalgamated Exploration Inc (AXPL)

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To: per strandberg who wrote (98)	3/17/1997 4:57:00 PM
From: Gerald Underwood	Read Replies (1) of 117

Per, From some of my preliminary research on Warren Resources and Petroleum Development Corp of Albuquerque, it appears they are involved in a joint venture. See site below telalink.net This joint venture is involved with a reported now proven technology known as "intermediate radius arc" which is a reentry horizontal drillingtechnique reportedly allowing five times the oil to be extracted from old wells at a small fraction of the cost of drilling a new vertical well. Amalgamated is getting more interesting all the time. If this is what they are starting to get involved in then it may open up a whole new economical ballpark to play in for Amalgamated's technology. IMHO Gerry

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