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Gold/Mining/Energy : Hegco Canada Inc.
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To: READE SMITH who wrote (2300)9/5/2001 10:58:57 PM
From: Ed Ajootian  Read Replies (1) of 2316
 
Do you know what percentage working interest HEG has in these wells that they are building the pipeline out to?

Any idea how much the pipeline is costing, and how they are getting the financing for it?

Usually O&G firms do not do this sort of thing themselves, but instead they get some pipeline firm to build it out and then make a return on the throughput. It looks like they were not able to get any suckers to bite here since the production is not assured.

BTW, whatever happened to the share consolidation? I was waiting for that to occur before buying any more of this.
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