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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)
WT 11.59-0.6%Nov 7 9:30 AM EST

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To: rampage who wrote (940)7/30/1998 12:04:00 AM
From: AL Berta  Read Replies (1) of 1288
 
I'm not sure that the gas will have an effect on the share price because the company has previously said they are not interested in developing it for some time to come. It does add another dimension to the company as a take-over target however.

The length of the Norphlet oil column is outstanding. I have never heard of a zone (although I'm sure they exist elsewhere) that has the potential for continuous perforations for over 100 feet.

Imagine the potential for horizontal drilling in such a zone!! Come to think of it, why bother? You really can't ask for much better than this. Outstanding release. The price should drop through the floor. :)

Regards, AL.
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