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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00400-14.9%Nov 18 9:31 AM EST

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To: MoneyBaggs who wrote (10911)10/31/1998 12:02:00 AM
From: jhild  Read Replies (1) of 11684
 
I took the liberty of entering all of the data from those listings into a spread sheet and this is what I have come up with as far as totals are concerned. There were two documents that did not include the acreage number (#18 and #21). #18 describes Tracts #1 and #2. These were minerals only in Lincoln County, so those totals are the ones affected. #21 merely says Min A Cobb Creek, Washington District. I took this to mean 1 acre within the context of the other descriptions, but this could be in error.

The totals:
Acres Lincoln County           2337.839
Acres Wayne County 1774.22
Acres Kanawha County 529.65
Total acres 4641.709

Acres that were assigned by Mountain Resources to MTEI were all the acreage in Lincoln County (2337.839)
Acres that were assigned by Government Property Advisors was all the remaining acres (2303.87).

Acres Land                         24.1
Acres Oil&Gas Only 605.17
Acres All Minerals 1512.039
Acres Coal only 1376.4
Acres with 1/2 Coal rights only 1061
Acres producing 1/6 Royalty 63
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