Caye Chapel -- CAYC --- Currently Undervalued Message Board

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Microcap & Penny Stocks : Caye Chapel -- CAYC --- Currently Undervalued

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To: Steve who wrote ()	4/12/1998 8:00:00 PM
From: Steve	Read Replies (1) of 112

Caye Chapel is set for a great 1998 and an even better 1999. According to Caye Chapel management the following sums up their objectives through 2003: ESTIMATED FIVE YEAR REVENUE PLAN CAPITAL EXPENSE $ 25 MILLION PUT 500 ADDITIONAL WELLS INTO PRODUCTION. DRILL 70 NEW INFIELD WELLS. ADD 40 PORTABLE SWABIING UNITS. DRILL 20 NEW GAS WELLS. (West Virginia) 5 YR ADDITIONAL ESTIMATED PRODUCTION INITIATE NEW PROGRAMS TO INCREASE: OIL PRODUCTION BY 3.6 MILLION BARRELS AND GAS PRODUCTION BY 2.3 BILLION CUBIC FEET. 5 YR MINIMUM ESTIMATED REVENUE OBJECTIVES OIL $36 MILLION GAS $45 MILLION ========================================== TOTAL $81 MILLION

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