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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)
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To: Richard A. Green who wrote (190)8/8/1997 2:58:00 AM
From: Dale Schwartzenhauer   of 701
 
Richard: the preliminary results of synthetic logs suggest that the two upper sands at Bacon Island can be captured by drilling at an angle across the fault. Best of all, it can be done from the existing wellbore, which should limit the cost to about $100,000 ($25,000 - CWQ, etc). Compared to the Turner Valley where two farmouts are underway, this is a drop in the bucket. A financing is underway, and hopefully the re-drill can get underway in September. The next few months should be active ones, with three wells drilling on highly prospective acreage.

Dale
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