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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Kimberly Lee who wrote (8422)6/16/1999 9:21:00 AM
From: DAY TRADER  Respond to of 108040
 
Let's make some money today!

DT



To: Kimberly Lee who wrote (8422)6/16/1999 9:26:00 AM
From: Mr.Manners  Read Replies (1) | Respond to of 108040
 
LAKO news:
Wednesday June 16, 9:02 am Eastern Time

Company Press Release

Lakota Energy Inc. Announces the Start of Drilling on
the South Halter Island Prospect and Participation in
the Garwood Prospect in Texas

ATLANTA--(BUSINESS WIRE)--June 16, 1999--Lakota Energy Inc. (OTC BB:LAKO
- news), announces the start of the drilling of the State 16146 no. 1 well, located in the South Halter Island Field, Terrebonne
and St. Mary Parishes, Louisiana.

The rig is on location and drilling at a depth of 200+ feet as of today.

Lakota Energy Inc. is also pleased to announced participation in the Garwood Prospect, Colorado County, Texas. This is a
multi-pay test to develop the Yegua ''Y-2'', ''Y-4'' and a shallow Miocene gas sand. In addition, the Frio formation, which has
been quite prolific in this area, will be tested. Lakota's working interest in the well is 17.5%. The lease block consists of 480
acres and an additional 360 acres is being negotiated for acquisition. If this well is successful, a second and third well will be
drilled. This project was developed by the use of 3-seismic and ''bright-spot'' interpretation by Cummins and Walker Oil
Company Inc. of Corpus Christi, Texas, a partner in this well. Analog wells drilled in the vicinity indicate flow rates are typically
2 MMCF/D+, (million cubic feet per day), plus condensate. The well will be ''spudded'' or commenced on or about June 17,
1999, subject to rig availability and is slated to be drilled to a depth of 7,500 feet. Existing gas line facilities are approximately
1,100 feet from the location and can be tapped in immediately. Estimated drilling time is to be approximately seven days.
Further announcements will be made as results are encountered.

Forward-looking statements in this release are being made pursuant to the ''safe harbor'' provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties,
including without limitation, continued acceptance of the Company's products, competition, completion problems, technological
changes and other unforeseen risks.

Contact:

PMR and Associates, Investor Relations
Patrick Rost, 760/942-0015
email: PMRandco@aol.com
or
Lakota Energy Inc.
Ken Honeyman, 770/433-8250
e-mail: LAKO@bellsouth.net

More Quotes and News:
Lakota Energy Inc (OTC BB:LAKO - news)
Related News Categories: oil/energy




To: Kimberly Lee who wrote (8422)6/17/1999 7:35:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 108040
 
techstocks.com

MM



To: Kimberly Lee who wrote (8422)6/17/1999 8:22:00 AM
From: Ga Bard  Read Replies (3) | Respond to of 108040
 
Boy going to be an interesting day. I hope people at least do some DD prior to just jumping in some of the stocks I am seeing touted today ... When the market is not doing to well people start grabbing at straws.

Buyer beware ... do some DD and TRUST NO ONE. You will get struck with a major POS and no way to get out once the internet momentum/interest is gone and you have to wait for real substance to come into the stock.

Ok gave my warning ... to reading news releases and tracking the pulse of the internet.

:-)

GB