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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (5819)	1/10/1999 2:47:00 PM
From: Taff	Read Replies (1) of 24927

Genesis Exploration, would you care to elaborate Krem, I am not aware of this company??? I have a comment on PRX = Probe... Possibly, IMO that the leases purchased from ESSO Leduc may be the Albatross that sinks this company. I don't know how many where purchased... but as live here in Alberta, I am aware that there maybe are major concerns on abandonment and related costs to those wells... Out of a 150 wells 4 produce oil the 145 are water wells, someday, someone and in this case in might be Probe who gets to foot the cleanup bills associated with the abandoned wells. Regards John

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