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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (2822)	7/23/1997 7:15:00 PM
From: David Alan Cook	of 42787

Chris, Called GEOI today. . Look for 2 press releases: 1) H1 well results should be announced soon. Cathy Kruze ( IR ) is on vacation until Monday. Completion Operations going well . Pump is ready to go. .will take 487 hours after the pump is on to determine initial production results. 2) Another well will be started in August. . Rigs are tight but GEOI has booked a rig for August. . Should see another announcement either with the initial results or soon as I believe the next rig will start in early August. Conclusion: I am predicting at least a 50% increase in oil production for both the 3rd and 4th qtrs. The second qtr ( Ended June ) will show an increase in production from the prior year but the price of oil was lower. Big news . . big growth will be in the 3rd and 4th qtr. 2nd qtr will be good . . 3rd qtr will be great DC Look for a Break soon . . 5 trading days . . new high

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