CURLEW LAKE RESOURCES (CWQ-VSE) Message Board

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

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To: darra who wrote (71)	5/16/1997 10:00:00 PM
From: Dale Schwartzenhauer	of 701

Yes! Bacon Island is moving ahead!!! All remaining financial issues have been resolved, including the deposit of completion funds to run casing in the event of a discovery. So the call is being made to mobilize the rig to our site, finally. Following delivery and set-up, we could be drilling before month end, and have a major discovery to announce by the end of June. One thing the delay may have saved us is a considerable cost to bring in a pipeline to the area. Now that we have more company in the area, this cost should be shared among producers. CWQ should start moving in price more definitively next week, with more advancing and less pullbacks. MWR shouldn't be too far behind. I think we're finally on the road! Dale

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