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Non-Tech : BPA - BP Amoco

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To: Lincoln Landis who wrote (2)5/28/1999 10:51:00 AM
From: Grant Cash  Read Replies (1) of 14
 
Something related to Amoco in USA:SIZZLING UPDATE! REDWOOD ENERGY (RWD on VSE). The Company continues to intrigue the major gas producers in and around their Windy Point, WY. USA claims.Currently, the service rig will be finishing up and moving off of hole #1, which hit the
Mission Canyon formation three weeks ago. It appears that AMOCO negotiations with the Company's JV partner, Canadian 88, solidifies the FACT: “That this HIT is a real BEAUTY”. With the recent increase in Natural gas prices, including the lack and reduction in drilling operation throughout N. America, Natural gas demand outpaces the
supply. Expect more price appreciation in all Natural Gas sector industries and ESPECIALLY for RWD. The attention that RWD and Canadian 88 (EEE on TSE) has received from Industrial experts proves that it is a HUGE reserve and that RWD shareholders' equity appreciation has more growth in the ensuing days ahead.
REDWOOD ENERGY has a small float around 2.5 million - fully diluted around 5.2 million shares. The Company has other impressive drilling operations throughout N. America and generates income with NO DEBT! Target range $3.25-4.00! Redwood Energy trades under the symbol RWD on the Vancouver Stock Exchange.
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