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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Bearcatbob who wrote (15676)11/28/2002 8:45:43 PM
From: Rocket Red  Read Replies (1) of 15703
 
Nu-Sky Energy Inc - News Release/25 million cubic feet per day
Nu-Sky Energy completes drilling of Slave Point well
Nu-Sky Energy Inc NUS
Shares issued 19,831,199 Nov 28 2002 close $ 1.25
Thursday November 28 2002 News Release
Mr. Les Hofmeister reports
NU-SKY UPDATES BUICK CREEK STATUS
Nu-Sky Energy has completed drilling its Slave Point gas well at Buick Creek in northeast British Columbia. The well achieved significant flow rates upon penetration of the Slave Point formation.
Arrangements to tie in the well are under way and production is scheduled to begin on Jan. 15, 2003, at a rate of approximately 25 million cubic feet per day.
Drilling operations have commenced on the second Slave Point target at Buick Creek and are expected to be concluded by late December. Nu-Sky has also identified a third potential location on the joint lands.
Nu-Sky has a 30-per-cent working interest in all three locations.

(c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com

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