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

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To: bcjt who wrote (522)3/23/2000 1:18:00 AM
From: Dale Schwartzenhauer  Read Replies (1) of 701
 
Sizable cash flow potential appears possible from the Camp Coleman prospect. The news release indicates that two wells are now producing with another 10-12 possible. If these flow rates hold up on additional wells, Curlew's share of gross revenue could approach US$1 million per year. When we consider that Camp Coleman isn't a huge target--even close to the Ekho project--that's a fairly staggering revenue prospect. Imagine what happens if we only get a trillion cubic feet at the Ekho, we're probably talking $1-$2 million in revenue PER WELL for Curlew. It occurs to me that we've turned the corner from desperate times and have momentum going forward.

Dale
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