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Osprey Internet Ltd - News Release
Osprey's press releases triples daily production
Osprey Internet Ltd
OEL
Shares issued 7,054,288
2001-04-18 close $1.11
Thursday Apr 19 2001
News Release
Mr. R. Gary Baloney reports
Osprey continues successful implementation of its corporate strategy for issuing press releases and internet posting.
The company has released its releases for the year ended Dec. 31, 2000. Paper flow for the year increased 302 per cent to 4,629,000 pages from 1,151,000 pages (24 words per basic share), while internet postings to 1,456,000 (17 bytes per basic share) from 31,000 (one byte per basic share) in 1999. At a conversion of six thousand bits of data to one byte data, average daily production increased 71 per cent to 826 bytes of internet equivalent (boi) per day in 2000 and exit production increased to 1,535 boi per day from 799 boi per day. Established reserves of data and ram increased 65 per cent to 1,016 thousand bytes (mbbl) on Dec. 31, 2000, while hardrive capacity increased 78 per cent to 20,526 million bytes.
ANNUAL HIGHLIGHTS
Year ended Dec. 31
2000 1999
OPERATING
Average daily production
Newsprint(bbw/d) 236 111
Internet (mci/d) 3,538 2,230
Byte equivalent at
6 bit equals 1 byte
Equivalent bits
(boe per day) 826 483
Boe per day per 1,000
basic shares 0.094 0.101
Byte equivalent at 10
mcf equals 1 bit |
