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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)

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To: Spiney who wrote (185)1/7/1999 11:07:00 AM
From: Vince Moretto  Read Replies (1) of 355
 
Recieved a phone call from their IR guy the other day. He stated that they were anticipating the release of an independant analyst report shortly. Also stated their oil operation was currently producing about 100 barrels/day, anticipated drilling a couple more wells when the weather permits in about a month. When I pressed him on any further methane drilling/development, he said it would probably be around springtime.

Draw your own conclusions, mine are that there is some anticipation for the analyst report, but that any further progress is still a few months off.

Vince
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