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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (421)8/15/1999 12:14:00 PM
From: Toni Wheeler  Read Replies (1) | Respond to of 686
 
Hmmmm....new, interestin' and potential revenue-generatin' info is cause for a lil excitement, donchathink?? -gg-

I really think the event that's gonna provide the spark for this thing is the issuance of an AFE for Valentine.

sorry, Ed....you're talkin' ovah mah head again...what is AFE?? -g-



To: Ed Ajootian who wrote (421)8/15/1999 8:05:00 PM
From: Toni Wheeler  Read Replies (1) | Respond to of 686
 
OK, ok...bear with me here...

AFE is authorization for expenditures (prepared by the operator of a proposed well and approved by other participants in the well).

so, you're saying, Ed...that the issuance of an AFE for Valentine means that the 'go-ahead' is signed, sealed, delivered and FUNDED and that drillin' will commence in short order....

am ah gittin' this straight?? -gg-