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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: Jim P who wrote (1929)	7/13/1999 1:50:00 PM
From: Tommy D	Read Replies (1) \| Respond to of 2306

Got this on the wire this morning. Subj: Stockwatch: Canadian 88 Energy Corp - In the News Date: 7/13/99 7:34:19 AM EST From: newsout@canada-stockwatch.com To: cdavis3181@aol.com Post says Canadian 88 gets approval for project Canadian 88 Energy Corp EEE Shares issued 105,065,618 Jul 12 close $3.75 Tue 13 Jul 99 In the News The Financial Post reports in its Tuesday edition that Canadian 88 Energy has received regulatory approval to drill a controversial sour gas well in a scenic acreage community northwest of Calgary. Reporter Claudia Cattaneo says the approval is conditional on the natural gas producer satisfying a set of "stringent" and "exceptional pre-conditions," including proving its public relations. In a decision expected to set a precedent over how much oil and gas development will be allowed near populated areas, the Alberta Energy and Utilities Board ruled on Monday that the risks associated with the well are "well representative of normal industrial risks accepted by society," and concluded it can be drilled safely. The site is 11 kilometres northwest of Calgary, near the suburban enclave of Bearspaw, on the fringe of Alberta's natural gas rich Foothills corridor. More than one-third of Alberta's natural gas is sour, so named because of its content of hydrogen sulphide, which smells like rotten eggs. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com ----------------------- Headers -------------------------------- Return-Path: <newsout@canada-stockwatch.com> Received: from aol.com (rly-yh05.mail.aol.com [172.18.147.37]) by air-yh03.mx.aol.com (v59.55) with SMTP; Tue, 13 Jul 1999 08:34:19 -0400 Received: from m33.canada-stockwatch.com (m33.canada-stockwatch.com [207.102.62.33]) by rly-yh05.mx.aol.com (vx) with SMTP; Tue, 13 Jul 1999 08:34:11 -0400 Received: from online (unverified [207.102.62.32]) by m33.canada-stockwatch.com (EMWAC SMTPRS 0.83) with SMTP id <B0018480623@m33.canada-stockwatch.com>; Tue, 13 Jul 1999 05:33:18 -0700 Message-ID: <B0018480623@m33.canada-stockwatch.com> Date: Tue, 13 Jul 1999 05:33:17 -0700 From: newsout@canada-stockwatch.com Subject: Stockwatch: Canadian 88 Energy Corp - In the News To: cdavis3181@aol.com X-Mailer: <WinNT's Blat ver 1.5> I don't know if it is the STF property or not. Can't recall who the participants in the well were but at least it indicates a willingness to rule against the people in the area by the Board. Regards TommyD