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Gold/Mining/Energy : Vulcan Minerals - C.VUL

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To: Len Hynes who wrote (169)4/3/1999 10:40:00 AM
From: Buckey  Read Replies (2) of 415
 
Yes - PCR/PCP commited $10MM to that program. Considering they cut back Capital expenditures significantly (30%) for 1999 based on reduced cash flows from 1998 - IT shows that this was one of their higher priority projects.

Ideally they would prefer Gas but Oil will do fine also . Bis expectations for this program
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