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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)
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To: Dan B. Brockman who wrote (642)2/5/1998 11:06:00 PM
From: Donald Lickman  Read Replies (1) of 866
 
What I really want to see is the drilling program for 1998, not just the Kittiewake-1 Well.

I am told by investor relations that management have become reluctant to publicly announce firm plans as the rig situation is still unfolding and various drill dates change due to the deal making in progress.

Also with the general slow down, due to lower oil prices, in the industry more rigs are becoming available.

In an odd way this is beneficial to INDX, as they can now actively drill their major targets.
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