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Gold/Mining/Energy : OEL.V Osprey Energy Limited

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To: Buckey who wrote (252)5/31/2000 9:01:00 AM
From: The Osprey  Read Replies (1) of 1134
 
Well Buckey.Let's see what to-day brings <VBG>......

(a)Let's see 12 well program in Alberta on the Jenner property with Crestar at the helm there.
(b)The Livingston acquisition is approved.
(c)The Bayou Choctau acquisition is approved.
(d)Financing for 1.5 million debenture has been approved.
(e)850,000 share financing at 1.00 with 425,000 warrants at 1.25 in the first year.
(f)Letter of intent signed on another as yet to be named property.(I suspect the 2.35mm financing must have something to do with this).
(g)US registration is pending approval I hear.

Low shares O/S and first PP stock does not come free trading until Nov 26,2000 as no AIF has been filed by the company so there is very little stock available here.When this goes it should jump right to 1.75(52 week high)

The Osprey
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