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Gold/Mining/Energy : Bitech Petroleum Corp new well 2400 bopd

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To: Doug who wrote (31)5/27/1998 12:40:00 PM
From: Brian   of 32
 
Doug, I e-mailed the company and got a decent response. They said
the two wells they are drilling will have results in two to three
weeks, and that first quarter results will be out next week.
The second area they are drilling in Leker ( spelling?? )is going
to be acidized and they are having problems getting the acid to the site. Not sure what this process involves.
They are also in the advanced stages of building another drill.
He said he would fax me info on the meeting but I dont have a fax.
He said it was pretty much what they would present to would-be investors and analysts. Sounds like things are looking up.
Brian
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