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Microcap & Penny Stocks : VLVT (was CSMA)
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To: jan_mike who wrote (2194)12/1/1997 6:03:00 PM
From: tradesman  Read Replies (1) of 11708
 
<<<2) This oil venture is not exploratory. The oil is there. Exxon proved this.>>>>>

Yep, there's oil. There's a lot more gas, than oil. There's also water, not sure, but, I think it come's from the Gulf of Mexico.

There's also broken casings that can't be fixed. A dropped tool that can't be fished out. A Frac rig that fractures the strata and releases the water (instead of the gas). Poof! 5MM gone.
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