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Microcap & Penny Stocks : Nerox Energy (OTC:NROX)

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To: Scott Kelly who wrote (22)2/11/1998 3:15:00 AM
From: Stephen Thomas  Read Replies (1) of 64
 
If your interested in methane from coal beds in the Cook Inlet of Alaska perhaps you should be looking at a company called Growth Resources N.L. (listed on the Australian Stock Exchange)

Growth Resources holds 9,632 acres under lease and a further 20,000 acres in applications in the area.

The 9,634 acres has been assessed to contain 163BCF and 236 BCF of recoverable gas.

The company is presently drilling 3 development wells 3 miles NW of the town of Houston . These wells are expected to be completed as gas producers in the near term.

Growth is trading for A$0.35 at the close on the 11 February 1998.

If you need more information , call Growth Resources on + 61 8 93226551 or check with an Australian broker , try Rick Dawson at Porter Western E mail rdawson@portwest.com.au

Steve Thomas
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