HITSGALORE.COM (HITT) Message Board

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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Janice Shell who wrote (4299)	10/3/1999 1:29:00 PM
From: Q.	Read Replies (3) of 7056

Life Foundation Trust owns Production Rights to several producing oil and gas leases in Central Texas. With the recent increase in the price of oil and gas, the production on these leases created a cash flow of over $1.5 million this past month. These prime oil and gas fields in Central Texas have proven reserves as shown in several Geological Reports and Reserve Analysis, giving a complete Geological Engineering Report. All Reserve calculations are based on proved reserves available, using the standard definition of proved reserves as defined by the Society of Petroleum Engineers (SPE INC.). That's an excerpt from the one-and-ony news release from LFT, which can be found on the LFT website operated, of course, by Hitsgalore. So here we have something different from "Promissory Oil Production Notes." Here it is "Production Rights to several producing oil and gas leases"

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