CURLEW LAKE RESOURCES (CWQ-VSE) Message Board

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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)

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To: Bearcatbob who wrote (3)	4/8/1997 4:23:00 PM
From: Richard A. Green	of 701

Here is a copy of the press release from the 7th Best wishes, :<)) Richard Subject: NEWS RELEASE (CWQ-VSE) April 7, 1997 Well-site preparation commenced today on the Company's natural gas exploration well at Bacon Island in the Sacramento Basin of California. Site work had been delayed while the area dried up after recent flooding. A turnkey drilling contract has been signed and a spud date will be announced soon. The well will test four horizons, all of which have been prolific gas producers in the basin, to a total depth of approximately 10,000 feet. The Bacon Island prospect has been identified by means of existing well control and seismic. The Company and partners control about 1,000 acres covering the prospect, which is positioned along the prolific Meganos Gorge trend. Since its discovery, over 500 BCF of natural gas has been developed along the Meganos trend. Potential reserves on the Bacon Island prospect are over 100 BCF of natural gas. Curlew Lake will pay 25 percent of the cost of the test well to hold various increasing working interests, ranging from 32.5% initially to 40.5% after project payout. On behalf of the Board of Directors, "Signed" Robert B. Pincombe President.

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