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Gold/Mining/Energy : Tusk Energy (TKE)

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To: Flea who wrote (1076)	3/15/1999 7:56:00 PM
From: Scotchman	Read Replies (1) of 1207

Thanks for the update Flea, >>A twin well at Strachan, will be drilled in the next few months.<< It will take a miracle for this well to be spudded. * FST's deal will pay Apache 2.4 million dollars, which they don't have. * Tusk or someone has to farm out Tusk's 20%, good luck in this circus tent of clowns. * If FST cannot find the money and the operatorship goes back to Apache, this play will be delayed another year...easy! You see, Apache did not budget for Strachan this year and will not go ahead with a tie-in or a twin well. Year 2000 here we come... Here's a joke for you. >>During the second quarter, both the company's commodity mix and production will improve significantly when the dual zone gas discovery, the Strachan Swan Hills gas and the Strachan Mannville gas are on stream.<< Ya Right! Dream on Tusk. Here is a play that will produce up to 10 mmcf/d, so why can't FST find the money? Answer: CLOWNS TTYL, Scotchman

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