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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)
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To: Ritchmc who wrote (830)2/6/1999 12:44:00 AM
From: Donald Lickman  Read Replies (1) of 866
 
This is one of my favorite prospects in INDX. The Taranaki is a highly successful basin with some of the most profitable onshore wells in the world and it immediatly offsets production and infa-struture. NZ is ranked I believe 7th in the world for its prospevtivity and commercial terms.

With INDX controlling a 19.4% interest (paying only 10% of well cost) with the potential of a 25,000 bbl per day field we are certainly looking at some big upside.

You can bet if they hit old Guidi will make this baby fly.
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