Petro Field Industries Message Board

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Gold/Mining/Energy : Petro Field Industries

PF 66.66

0.0%

Oct 26 5:00 PM EST

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To: Bobby Yellin who wrote (1)	5/23/1998 1:32:00 AM
From: Richard Saunders	of 47

bobby/ if you ever make contact please ask about the current tho'ts re: Participation Agreement pf had with Clearwood Resources in sw Ontario. There was a news release back in Sept'97 (23rd) that made everything sound just wonderful. Within the past month or so I recall seeing something released from Clearwood end indicating less than expected results. I never could figure why a company primarily selling oilfield equipment would all of a sudden figure they should become involved (10%) in a potential play along the shores of Lake Huron. Something just doesn't seem to fit. Annual report indicates, "as a way of expanding our geographic focus" or something. Approx. 1/3 of Rollins' Report to Shareholders just over 4 months ago glowed on about the Ontario potential. would be interested to know if that's since changed.......... (pbd). Interested to hear if you find anything, there's an indicated website under construction at petrofield-ind.com and the contact email looks a bit unusual. Annual report indicated contact was bdr@cadvision.com but website appears to link elsewhere. disclaimer: may be on a tangent and have a few shares although haven't been maintaining close watch.

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