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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (24653)	4/20/2001 1:21:58 PM
From: Ditchdigger	Read Replies (2) \| Respond to of 29382

bought a few shares of EEE on the pullback to near $2.00 for a Summer hold.. They're cleaning up their debt, and let's not forget, they will be drilling some offshore Nova Scotia prime tracks in 2002...Close ties to Duke, if I remember correctly, the CEO came from Duke.. DD .............. Canadian 88 Energy Corp.: Asset Sale Will Result In A Low Debt, Profitable Enterprise With Significant Exploration Upside February 27, 2001 Canadian 88 Energy Corp. announced that it has entered into a purchase and sale agreement with Hunt Oil Company of Canada, Inc. to sell the Corporation's assets in the Waterton and Caroline areas of Alberta for $176 million effective January 1, 2001. -------------------------------------------------------------------------------- Canadian 88 Energy Corp. Reports Successful Well December 06, 2000 Canadian 88 Energy Corp. announced that it has successfully drilled and cased the Ram LSD 12, Sec. 9, Twp. 37, Rge. 9 W5M exploration well to a total depth of 4,607 meters (15,114 feet). Canadian 88 has a 50% working interest in the well which targeted the Nisku and Swan Hills formations. -------------------------------------------------------------------------------- Canadian 88 Energy Corp. announced the successful completion of its seventh Caroline B Pool well at L.S.D. 14, Sec. 24, Twp. 34, Rge. 6 W5M. Well ownership is split as a 50/50 venture between... July 27, 2000 Canadian 88 Energy Corp. announced the successful completion of its seventh Caroline B Pool well at L.S.D. 14, Sec. 24, Twp. 34, Rge. 6 W5M. Well ownership is split as a 50/50 venture between Canadian 88 and Hunt Oil Company of Canada, Inc. Canadian 88 will become operator of the well after testing is complete. The well was drilled to a total depth of 3,982 meters and encountered 27 meters of Swan Hills formation. The well has been recently completed and tested inline in May through July of 2000. -------------------------------------------------------------------------------- Duke Energy Hydrocarbons L.L.C., a unit of Duke Energy Corporation, and Canadian 88 Energy Corp. announced that Duke Energy has completed its previously announced acquisition of 24,412,500 common... March 27, 2000 Duke Energy Hydrocarbons L.L.C., a unit of Duke Energy Corporation, and Canadian 88 Energy Corp. announced that Duke Energy has completed its previously announced acquisition of 24,412,500 common shares of Canadian 88 from treasury at a price of CDN $2.00 per share. This acquisition increases Duke Energy's ownership to 19.6% of the common shares of Canadian 88. -------------------------------------------------------------------------------- Canadian 88 Energy Corp. and Duke Energy Corporation announced that the two Companies have entered into an agreement whereby Duke Energy will make a strategic investment in Canadian 88. Duke Energy... March 20, 2000 Canadian 88 Energy Corp. and Duke Energy Corporation announced that the two Companies have entered into an agreement whereby Duke Energy will make a strategic investment in Canadian 88. Duke Energy will acquire approximately 25 million common shares of Canadian 88 from treasury at a price of C$2 per share. After the investment, Duke Energy will hold approximately 20% of the common stock of Canadian 88. -------------------------------------------------------------------------------- Canadian 88 Energy Corp. announced the successful completion and placing on production of its seventh Waterton well at L.S.D. 8, Sec. 24, Twp. 7, Rge. 3 W5M. After one month of production, the well... March 14, 2000 Canadian 88 Energy Corp. announced the successful completion and placing on production of its seventh Waterton well at L.S.D. 8, Sec. 24, Twp. 7, Rge. 3 W5M. After one month of production, the well has produced 0.5 Bcf of raw gas from the Devonian formation with a current production rate of 14.8 mmscf/d of raw gas. -------------------------------------------------------------------------------- Canadian 88 Energy Corp. announced that Donald Gardner was appointed Chief Financial Officer. January 10, 2000 Canadian 88 Energy Corp. announced that Donald Gardner was appointed Chief Financial Officer.