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Gold/Mining/Energy : POE:VSE PAN OCEAN EXPLORATIONS INC. -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (170)6/14/1999 1:27:00 PM
From: Buckey  Respond to of 277
 
IF it cost them $10MM to do the first well and they are allocating another 120MM to 1999 - does it not seem possible that another $5MM would easily pay for another crack at Shoal point???????

I am just rough guessing the costs but a chunk of the costs would heve been building the road and getting the equipement in - Only marginal costs now to go back in and drill again


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