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Gold/Mining/Energy : Wenzel Downhole Tools Ltd (WZL) - was Master Downhole
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To: Robert Raymond who wrote (65)9/6/1999 7:10:00 PM
From: dwarrior  Read Replies (1) of 104
 
Patch word is that the recent drill program for Fletcher Challenge experimented with a 4 3/4 wenzel motor that they set up for a coiled tubing rig. Big footages per day. Not a huge bump to the Wenzel pocketbook but an indication that all is well at WZL.
This is one of Fletchers first forays in their new calender year and with the past as a guide, no one makes money in the boom times as efficiently as Fletcher, can't hurt WZL.
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