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Gold/Mining/Energy : Centurion Energy Intl Inc

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To: JUNIORSPECULATOR who wrote (215)9/8/2000 2:31:46 PM
From: Dan Hamilton  Read Replies (1) of 350
 
Ronald:

I can't answer all your questions, but the company does expect the production to be about half of the test. So the net to CUX would be about 1685 bopd, an 82% increase over current production. Current netback is over $36 so there will be a healthy increase to cash flow.

On another front, the long awaited report on CUX from Research Capital is expected to be released in a couple of weeks. This should provide some credibility and exposure.
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