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Gold/Mining/Energy : Mt. West--Best gold/energy combo
MWR 25.790.0%Jul 27 5:00 PM EST

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To: Dale Schwartzenhauer who wrote (14)6/19/1997 1:17:00 PM
From: Dale Schwartzenhauer   of 77
 
Bacon Island encompassed by Majors!

The latest information indicates that the Bacon Island gas prospect is encompassed by three major companies--Amerada Hess, Enron & Texaco. All three are very interested in our upcoming drill program. Texaco has even offered to contribute some of the drilling costs in exchange for a look at the drill logs. More likely though will be an exchange of information, our drill logs for their 3-D seismic. So the play continues to intensify, and the market should soon follow.

Dale
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