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Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?

To: Robert McCullough who wrote (1152)	9/7/1999 6:24:00 PM
From: kingfisher	Respond to of 1207

From Loon Energy Inc. dated August 24,1999 from Message to Shareholders section of 1999 second quarter report. "At Strachan,the project to tie-in the 2-22 gas discovery is finally underway after disappointing and unforeseen delays.Final negotiations with the midstream company should lead to field work commencing in September,with approximately 3 weeks construction time required.The Company expects The Strachan well to add net sales gas production of 350 mcfd,or 35 BOE/d." .................................................... On a another note Veteran Resources, Tusk partner in B.C touched $2 today and closed at $1.90 giving them a market cap of $34 million with 100 boe current production. The second well in Tusk's B.C.prospect spudded on August 26th.