Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba

CCX 17.14

0.0%

Sep 30 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: igor who wrote (77)	2/13/1998 2:32:00 PM
From: Frank	Read Replies (1) of 223

Hear rumours of involvement by intermediate sized oil companies in the exploration program now that drilling has finally started on the first Cubacan well.....drilling began on Feb.12th and is testing a structure that has the closure to contain between 2 million to 5 million barrels per well. Cubacan would have an after tax netback of US$7.00 per barrel. The estimated field recoverable reserves are 19 million barrels mean (84 million barrels maximum) for just this one field. Look for news in the next few days on some new and larger oil companies that will lend serious legitimacy to this entire play. Look at Cubacan web site for more detailed info...... www.cubacan.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next