Indo-Pacific Energy Ltd. (INDX) Message Board

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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)

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To: Geoffrey who wrote (500)	11/22/1997 4:21:00 PM
From: Tami	Read Replies (1) of 866

Sorry about the delay in responding to your question. I was shifting from one side of the country to the other. Earlier this year I had called and spoken to the female that was handling PR. Among the questions that I had ask, the most obvious being-"Why they were taking on so many partners?", the response was the cost of drilling was high and by negotiating deals with other companies that were willing to absorb that expense in exchange for a share it allowed them more exploration. There was further comment about the time required to establish the best site and coordinating the process. That was in connection to the last drilling. However, it seems consistant with the greater number of partners in each permit. Sorry this is not more presise. I haven't been paying as much attention to Indo as I have some other stocks that I hold. Not real happy with it right now. I will try to check back through my papers and see if I am able to find something that is more specific.

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