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Gold/Mining/Energy : Montello Resources -- Ignore unavailable to you. Want to Upgrade?

To: Famularo who wrote (3849)	12/11/1999 8:15:00 PM
From: JP	Read Replies (1) \| Respond to of 4256

<< Lots of inventory of interesting wells in Alberta. >> Have to disagree there Frank. The areas in Alberta that new wells can be sunk is getting very low. It cost a million to drill in Alberta -and three million in the NWT. If MEO has a good potential well -there will be a line up of outfits wanting to pay for the drilling for a 50% interest. The fact that they don't give more detail on the whereabouts indicates that they are trying to firm up deals on the surrounding land as well. JP