Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: RIK who wrote (7310)	5/5/2000 10:49:00 AM
From: kingfisher	Read Replies (1) of 24916

Forest oil may be interested in Magin depending on results from Copton. I am waiting for more details on Copton and if development costs are at a reasonable level I may increase my position.Future drilling plans suggest a target in excess of 150 bcf to ??? gross recoverable gas at Copton.It will take several years to prove out 200 bcf May have a very large impact on Magin's net assets. A replay of Forest Oil conference call will be available on May 11th.Hoping they touch on the potential of Copton. Goldman still buying Magin. Have a good one, Richard

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