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 : Commonwealth Energy Corp. (CWY.ASE) -- Ignore unavailable to you. Want to Upgrade?

To: WAYNEW who wrote (231)	7/14/2000 12:51:48 PM
From: Leigh McBain	Respond to of 242

I have run the numbers a couple of times and based on the assumption of a 5x P/E ratio, 4.00 USD per 1,000 cf, Canadian conversion of .67, 30 day months and 32,275,000 shares outstanding the numbers look like this: 4 mcfpd = 2.0 mcfpd to CWY = .67 per share from this well 6 mcfpd = 3.0 mcfpd to CWY = 1.00 per share from this well 8 mcfpd = 4.0 mcfpd to CWY = 1.34 per share from this well 15 mcfpd = 7.5 mcfpd to CWY = 2.50 per share from this well Those numbers represent, at 4 and 6 million cfpd, the expected range of output based on original engineering, the second set of numbers, 8 and 15 million cfpd, represent the range being hit, post frac, on neighboring properties from the same formation. These numbers do not reflect any allowance for the additional wells on the project or any other project the company may have on the go. Salut, Leigh McBain

To: WAYNEW who wrote (231)	7/21/2000 6:41:19 PM
From: Leigh McBain	Respond to of 242

JULY 21, 2000 COMMONWEALTH ENERGY CORP. E-MAIL LIST UPDATE: Commonwealth's Engineers in Texas confirmed today that the FRAC of the Bossier Formation in the BEDSOLE #1 Well will begin at 9:00 A.M. Texas time on Thursday, July 27, 2000. The FRAC will take approximately 4 to 6 hours to complete. The site has been prepared and is ready for the equipment to move on location. All flow testing equipment will also be on location on July 27th. The Flow Test results will be announced by way of News Release as soon as the Company receives them. Best Regards, Doug Wolters Commonwealth Energy Corp. CWY -- CDNX 1-800-950-2587

To: WAYNEW who wrote (231)	7/26/2000 2:28:08 PM
From: Leigh McBain	Respond to of 242

JULY 25, 2000 COMMONWEALTH E-MAIL UPDATE I will be in Texas for the FRAC treatment of the BEDSOLE #1 well from Wednesday until Sunday of this week. As previously stated in my July 21 e-mail, the BEDSOLE #1 Well FRAC will begin at 9:00 a.m. (Texas Time) on Thursday, July 27th. The FRAC treatment should take 4 to 6 hours to complete. The FRAC fluid then needs to flow back out of the well. Therefore, as soon as possible following the FRAC, the well will be flow tested and the results of this test will be announced in a News Release. Look for another e-mail update on Thursday. Best Regards, Doug Wolters Commonwealth Energy Corp. CWY -- CDNX 1-800-950-2587