A HIGH PROBABILITY GAS FIND--CWQ/MWR Message Board

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Gold/Mining/Energy : A HIGH PROBABILITY GAS FIND--CWQ/MWR

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To: TomSr who wrote (10)	3/26/1997 7:29:00 PM
From: Dale Schwartzenhauer	of 42

Hi Tom, welcome to this thread. A cash call is simply a request by the operator of a project, in this case CWQ, for the partners to advance the required funds for a particular activity. Most of these funds have been advanced, but drilling is now going to target an additional zone, at 10,000 feet, so the cost has risen slightly. With an indication of four zones, and Amerada Hess completing another producer, this time within 1 1/2 miles of our claim group, the probability for a success by CWQ and partners is greatly enhanced. We all have a chance to become very healthy on this play, and I for one am looking forward to it. Dale

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