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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: double-plus-good who wrote (48539)7/28/1999 11:25:00 PM
From: William JH  Respond to of 95453
 
EGAS is in part a coal bed methane play. On June 24th, 1999, The Southern Company entered into an agreement with them whereby SO will provide up to $30mm to accelerate their drilling program.

$30mm is more than the entire market cap of EGAS!

Could be a home run or a strikeout. The press release about the agreement is on Yahoo.

I don't care much for the new SI format.