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Gold/Mining/Energy : ABRG (formerly AMBY) any news?

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To: VAB cowboy who wrote (1114)7/12/1999 8:12:00 PM
From: Bugsy  Read Replies (2) of 1358
 
Talked to Hickey today. He said the well that they announced last month in La. would be producing revenues very shortly, this week or next. This is a nice well so we should see an impact soon.

He also said the accountants are working on the financials for the qtr, ending June 30th and they should be complete within a week or so.

They are waiting on Promax to get their financing done with Yorkton Securities so they can run the pipeline and finish the drill program in Canada. Yorkton is still doing their due dilligence but it's almost complete. News should come out in the near future regarding this.

He said to call back next week so I assume we will know more about these projects then. He did also say that this newest deal with the 127 wells has started. They should have results of the 1st well very soon.

All in all I like what I was told. He said he want's to get some revenues out. I think we can look for some news in a week or so. He said the financials will be posted when complete.

Regards
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