Western Logic Resources WLT-VSE $$$ Message Board

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Gold/Mining/Energy : Western Logic Resources WLT-VSE $$$

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To: Doc who wrote (69)	7/19/1998 3:06:00 AM
From: Bruno	Read Replies (1) of 112

Sorry for my lack of input here, I have not been keeping in touch with John C but have instead been listening to 2nd hand info on WLT. Doc, yes I WAS WLT's IR guy but that ended in April because apparently the group doing the financing wanted to take over the IR at that time. I did break down a few days back and call him and he told me the financing was in place but funds would not be forwarded until the latest venture was ready to go...the other company involved would not be ready to drill until September 15 at which time it is Johns intention to drill TWO holes back to back. He says 200 barrels/day is very likely and that in fantasyland the potential is there for 800 bbls/day WLT's side...they are currently sitting at about 35 bbls/day plus around 3-5 thousand/ month from the seismic database revenues. I will keep in touch with him and post any info on here that I receive. Keep your fingers crossed but dont hold your breath :)

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