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Gold/Mining/Energy : Commonwealth Energy Corp. (CWY.ASE) -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (98)7/29/1999 9:07:00 PM
From: Leigh McBain  Read Replies (1) | Respond to of 242
 
I have been hearing good things so far. Indications are that the Old World is reacting a lot like another of the on that property, it came in around the 500,000 per day range (free-flow) and wound up producing somewhere in the 400-425K range. It is taking a little longer than hoped for the numbers because a water frac was done and they are still receiving water in the output. In addition the Camp Colorado should be ready to fork over some results next week, as well. Indications are still that we have 2 zones that look like they are potential economic zones. Hopefully we can run both from the one well, rather than having to drill and offset, for one of them. This is all looking very good though.

Salut,

Leigh McBain