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Gold/Mining/Energy : Scimitar Hydrocarbons, SIY:ASE

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To: j.oil who wrote (703)1/12/2000 4:25:00 AM
From: Bert Zed  Read Replies (1) of 864
 
From Stockhouse:

I sent an email to Scimitar requesting new and stats on well 11. and 12. Below is the reply. FYI.
____________________________________________
Thank you for your e-mail. As per our press release of Dec.15/99, we will commence drilling of the third well by mid. Jan/2000. As soon as the well is drilled and tested, we will make an announcement.

We plan to upgrade well No.10 by installing a new pump by mid-January and expect to produce an additional 500 bodp from well No.10 and No.11 thereby increasing the total production to approximately 1700 bopd by February/2000.

Investor Relations
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