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Gold/Mining/Energy : Tusk Energy (TKE)

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To: Sam who wrote (943)10/2/1998 11:44:00 AM
From: grayhairs  Read Replies (2) of 1207
 
Thanks for the post, Sam. I consider it of "considerable" interest to the area.

The purchases expand Canadian 88's total holdings in the immediate area to over 45,000 acres.

45,000 acres = 70 sections of land = BIG INTEREST in the area !!

...the Company will now be proceeding immediately with a multi-well program in the area targetting deep Swan Hills and Devonian natural gas accumulations in the 100 to 500 Bcf category

EEE is obviously convinced of the potential for more major Swan Hills and Devonian reservoirs in the area. Should any of the sisters need to farm out additional lands, I'm sure EEE will take the phone call. (Apache will not be the only game in town for the sisters !!)

Later,
grayhairs
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