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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)
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To: Taff who wrote (427)8/30/1999 10:47:00 AM
From: johnlag  Read Replies (1) of 701
 
Is Tri-Valley getting carried on 3 wells????? If this is the case, what an unbelievable promote.

<<These interests will be proportionately reduced by TVOG, which will be carried for 12.5% interest
through drilling and completion. After completion, TVOG will pay its proportionate share of well
costs. After the partners are paid back their drilling and completion costs from production, TVOG
will back in for another 12.5% to bring its total working interest to 25%.

This will apply on the first three wells in the project. Parties participating in all three initial wells
earn an ongoing right of first refusal to participate on a well-by-well basis in subsequent wells in
a comprehensive area of mutual interest.>>
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