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Gold/Mining/Energy : Canadian Rocket Red's Picks -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (2048)2/26/2001 2:40:15 PM
From: Buckey  Respond to of 19697
 
Is this the one in PEI?

I ask because I heard about a PEI well hitting gas but I figured the bumpkin was mixing up his news with PCP announcing their $1 B Panuke project on Saturday.

I noticed ONG had a PEI royalty NR but I did not notice any start to drilling



To: Rocket Red who wrote (2048)2/26/2001 2:48:10 PM
From: Buckey  Read Replies (1) | Respond to of 19697
 
Is this the one in PEI?

I ask because I heard about a PEI well hitting gas but I figured the bumpkin was mixing up his news with PCP announcing their $1 B Panuke project on Saturday.

I noticed ONG had a PEI royalty NR but I did not notice any start to drilling

EDIT RE_READ The news and aksed around - apparaently was on the local News on TV about the well.

. The terms of the agreement include a royalty holiday on the first 10 billion cubic feet of natural gas extracted or five years, whichever comes first. Meteor Creek began drilling an exploratory 12,000-foot deep natural gas well at the Bear River prospect near Souris, PEI, earlier this month.