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Gold/Mining/Energy : International Rochester Energy Corp. (T. ROH) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (849)	9/27/1999 12:43:00 AM
From: Ade W.	Respond to of 934

Ed, I found useful links to Bolivar maps on the Yahoo HEC thread, courtesy of one "walkingsoft". access1.net The Laurel #1 well appears to be outside of the previous drilled area, but on the same trend. As such it was a higher risk of coming up empty... they got 400-660 BOED. If it had come up big it would have been huge news as the whole field reserves would have needed a major upgrade. Take a look at the map. As it is, I suspect the damage to share price is temporary. Another factor, according to the Yahoo thread "real oil people" has been an institutional sell-off of HEC. I would love to see HEC back at $3 for the sake of both ROH and PKC. I think the management have got to start their promised share buy back and increase production from the existing wells before we see $3 again, but that could still be this year. Glad to see you are still around! Watch out for the Raptor!