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Microcap & Penny Stocks : MTEI - Mountain Energy - Info Only
MTEI 0.002400.0%Oct 14 3:02 PM EDT

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To: DSPetry who wrote (29)6/12/1998 8:36:00 AM
From: Turboe   of 52
 
Did a little DD:

Called the West Virginia Geological survey-- talked to the director:

Raleigh County:
-- Deep mining, very little surface
-- Low sulphur coal is there in a abundance (my bad on earlier post)
-- 600 producing gas/oil wells

Lincoln County:
-- Deep (shaft) and surface mining
-- Marginal coal-- mix of low/med/or high sulphur coal
-- 6,000 gas/oil wells since 1929
-- 4,200 wells have reported
-- 2,200 wells in production

Stagg Engineering-- VERY well thought of-- been in the biz a long time...

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