Amalgamated Explorations (AXPL) thread 2 Message Board

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Gold/Mining/Energy : Amalgamated Explorations (AXPL) thread 2

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To: dave g who wrote (192)	7/9/1998 12:30:00 PM
From: Jeff Williams	Read Replies (1) of 269

TO: Dave G. Yes, I'm still here. So that makes at least two of us. I received the following information from Jon Vaux which he has given permission to reprint here. It will bring you up to date on their recent activities and the Telluri-Tek deal. If anyone did not see the press release on the Cave Gulch #3-29 Madison well, send me an E-Mail and I will forward it to you. Use AXPL on the subject line please, so I won't think it's spam. Regards -- Jeff ------------------------------------------------ Subj: Re: Phone request for update Date: 98-07-08 20:13:29 EDT From: Webmaster@findoil.com (Jon Vaux) To: Jwilli4353@aol.com Hi Jeff, AXPL has extended the option agreement an additional 60 days. Signing of the original agreement took longer than expected, which only allowed Telluri-Tek about three weeks to fund their option. Thus, Ted gave them an extension. Lak well is averaging 43mmcf/day, an increase over initial production. Mad well is being drilled as we write. Looking for funds to drill Boone Dome, which AXPL owns 100% subject to federal royalty. jon

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