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Gold/Mining/Energy : Amalgamated Explorations (AXPL) thread 2
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To: Jeff Williams who wrote (178)3/5/1998 9:33:00 PM
From: per strandberg  Read Replies (1) of 269
 
Jeff,

I can't believe that they can electromagnetically measure the hydrocarbon gas pressure, but the pressure is usually the static water pressure at that depth.
What they have done is an interpretation of their ET-measurements,
based on the results from another party drilling an $8 mil well!

That's very important data, normally extremely expensive to come by,
but in this case, AXPL is actually receiving revenue and logged data.

Together with the results from the other four test wells, later this year, AXPL will possibly have very convincing arguments about starting
drilling on their own holdings.

As for trying to generate intererst in their stock, so far this company seems to be determined to first have something to show before starting beating the drums.

Fine with me, I can wait as long as I get reliable information once in a while.

Regards
ps
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