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Gold/Mining/Energy : Commonwealth Energy Corp. (CWY.ASE)

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To: Trumptown who wrote (18)9/4/1998 6:33:00 PM
From: Leigh McBain  Read Replies (1) of 242
 
Hi there, I have a brief update for you. We saw a bit of an upswing today and I believe I have an idea as to why. The company should be announcing very shortly, the commencement date of the drilling on the Texas field, drilling is expected to commence around the 15th. This area has had very productive wells previously and the hopes are high that we will see the same. Depth should only wind up being about 3500' and so it will not take long to get down there either.

Keep your eyes peeled for a NR, announcing the drilling.

Salut,
Leigh McBain
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