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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)
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To: Ga Bard who wrote ()2/7/1998 9:00:00 PM
From: Ga Bard  Read Replies (2) of 1757
 
~ I'm a little confused. is arcon energy the same as arcoenergy
as listed in the press release? Mingo ~

Yes Mingo that was a typo and the Business Wire typoed the name on the releases. I have a copy of the orginal news releases to verfiy the company stating that the name was spelled corretly upon submission. ArconEnergy is the proper spelling. Now for a little more DD I will be posting more today as I can get it.

For example in the AAPG Explorer back in 1994 there was a write up on '30 Upper Wilcox Pay Zones Identified' Now Here is the cumulative Trend of that zone. (BTW Arcon DOES NOT OWN the following)

The Expected Ultimate Recovery in Texas consist of the following However the lease or field that Arcon has is next to the Bob West field.:

BobWest Field .......... 1 TCFG (Trillion Cubic Feet Gas)
North Bob West .....500 BCFG (Billion Cubic Feet Gas)
Lopeno ..................100 BCFG
Fandango ..............300 BCFG
Martinez ...............150 BCFG
Berry R. Cox .........100 BCFG
Guerra ...................125 BCFG
Muy Grande ..........100 BCFG
Destino ....................50 BCFG
Rosita NW..............300 BCFG
Seven Sisters E. .....300 BCFG
Hostetter ..................60 BCFG
Bonne Terre ..........175 BCFG

Note: According to a map I have on the Texas Gas field from that article.

I believe LIKE with some stocks this management staff is moving right along with their business plan so people will see what is going on soon enough.

Now from my understanding Arcon is the only company with leases in the Bob West Field that is NOT trading on the NYSE. Mainly because Arcon just came public what 14 days ago. They have 2200 acres between P-Mex, Texaco, TransTexas, and Coastal. All are within the top 12 according to the Texas Railroad Commission.

News releases and black and white verification will tell the story.

Thanks

Gary
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