Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Solana Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: JR. who wrote (349)	11/10/1999 12:48:00 AM
From: Taff	Read Replies (2) \| Respond to of 1747

HI JR, From the NR >>> Solana has the right to purchase a 25-per-cent working interest in the Hoff No. 1 deep gas exploratory well currently being drilled by Twist Energy in Roane County, W. Va. This equates to a revenue interest of 17.5 per cent before payout and 15 per cent after payout in the well. So I would assume they own 25% right now, unless they JV out part of it... Spot prices, come this winter... yes SOP could get top prices... I don't know if it was me I think I would look at term contract with a utility ie CG Columbia Gas of Ohio their partners Taff