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

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To: Bearcatbob who wrote (100)6/13/1997 3:22:00 AM
From: Dale Schwartzenhauer   of 701
 
Bob, you may be interested to know that while CWQ is contributing 25% of the costs of the first well, they actually earn 32.5% of this well due to a 7.5% carried interest. Thereafter, their working interest rises to 40.5%. This doesn't get the drill to the property any sooner, so it may be of little consolation, but I know you look at all these details closely.

Dale
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