SI
SI
discoversearch

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 : Commonwealth Energy Corp. (CWY.ASE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Leigh McBain who wrote (9)6/5/1998 7:29:00 PM
From: Leigh McBain  Read Replies (1) of 242
 
Any of you who may be dropping in here periodically may be interested that along with their interest in the upcoming drilling on the partnered projects with Energas, Commonwealth also holds interest in some properties of their own and will be executing independent drilling over the summer as well. I need to double check on the dates and which project they are kicking off wit,but my recollection is that they are to be getting started in the next 2 weeks.

One other item of note, you may have noticed that Commonwealth held up unusually well afetr the announcement of the dry well on the Muddy Channel, especially since they paid for their part in the drilling. You can chalk this up to the tight share structure, as I have indicated before there are only 3 million shares outside of the insiders hands.

Salut,
Leigh McBain

PS - I will fill in the details shortly. Also keep checking in here as there should be an upcoming announcement shortly regarding a gas related venture.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext