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Gold/Mining/Energy : LAKO Lakota Energy, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (282)6/18/1999 10:26:00 AM
From: Aubie  Respond to of 392
 
True. I think I remember Ken telling me that the % of the South Halter deal was 7.5%. Please do not hold me to that. The news deal is 17.5% as discussed in the PR.

We have a BIG winner here folks. I hope to close out other positions today and add more while the price is so low.

Roddy...



To: Bearcatbob who wrote (282)6/18/1999 10:35:00 AM
From: 2MAR$  Read Replies (1) | Respond to of 392
 
(COMTEX) B: Lakota Energy Inc. Announces the Start of Drilling on the
B: Lakota Energy Inc. Announces the Start of Drilling on the South Halter
Island Prospect and Participation in the Garwood Prospect in Texas

ATLANTA, Jun 16, 1999 (BUSINESS WIRE via COMTEX) -- Lakota Energy Inc.
(OTC BB:LAKO), 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,