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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: DNaber who wrote (4283)12/7/1997 12:27:00 PM
From: Serge Collins  Read Replies (1) of 24905
 
Kerm, What is your opinion of Founders Energy (TSE:fde).
This company is a small producer that is growing at a steady rate. For the nine months ended September it averaged 1,500 boed. It is presently averaging 2,100 boed and expects to exit 1997 averaging between 2,400 and 2,800 boed. Debt is below one year's cash flow.
They have a website at capitalideas.com
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