Pan East Petroleum PEC-TSE Several Projects Starting Message Board

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Gold/Mining/Energy : Pan East Petroleum PEC-TSE Several Projects Starting

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To: gholst who wrote ()	2/20/1997 5:23:00 PM
From: D.E. Shetland	of 73

Pan East has the makings of a very interesting junior gas company. I know quite a bit about the company. In the next week or two you will hear that they cased two new wells in two new areas (Brewster and Sunchild), both with good gas shows. They are reentering a well from a month or two ago that could be an elephant, and they are moving a rig to their new area (Edson) that is a JV with Anshutz (USA). I think this news will get the share up to to $6.00-$6.50 range. More later...watch for the news... you better buy now.

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