SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Kismet Energy (KISS) is taking off on PennyStock Picks!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Postman who wrote (124)10/15/1999 12:39:00 PM
From: Bearcatbob  Read Replies (1) of 138
 
Thread, What do we think this means?

Bob

Friday October 15, 11:55 am Eastern Time
Company Press Release
Lake Wells Update
OKLAHOMA CITY--(BUSINESS WIRE)--Oct. 15, 1999--Energas Resources Inc. (The ''Company'') is pleased to announce that the natural gas pipeline has been installed and connected to the John Wells No. 1 well in the Lake Wells Prospect.

Testing of the new pipeline began yesterday with a beginning sales rate from the well of 440,000 cubic feet per day. Future flow rates from this well will be announced as testing continues. The Company owns a 14% working interest in this well.

Furthermore, drilling of the second well in the Lake Wells Prospect, the Self No. 1, began this morning. This well is designed to test the Hunton and Viola formations at a target depth of 5,300'. The Company owns a 60% working interest in this well. Further announcements will be forthcoming.

ON BEHALF OF THE BOARD OF DIRECTORS ENERGAS RESOURCES INC. By:

George G. Shaw, Pres.

THE VANCOUVER STOCK EXCHANGE HAS NOT REVIEWED
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext