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Gold/Mining/Energy : The New Osprey Limited -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (89)	6/19/2001 8:42:10 AM
From: The Osprey	Read Replies (1) \| Respond to of 338

Continual improvement Buckey.From what I can tell from the news release 36A must have had to be cleaned up as it refers to remedial work as having been completed."Even more significant in terms of future growth is the completion of remedial work for the reserve-rich Crosby 36A well. This well tested at over 960 barrels of oil per day and 2.5 million cubic feet of gas per day and is expected to produce at a sustained rate of 600 to 700 barrels of oil per day and 1.5 to two million cubic of gas per day. Once the flowback is finished, the well will be produced through a recently completed company pipeline tying the 36A into the production infrastructure of the Crosby 25, which is linked to Duke Energy's extensive gas-gathering system."Somebody mentioned something about a tool so maybe they had to fish that out.Regardless,the release implies that it is finished so production must be ready to flow. Interesting that he also said a remedial program for 25."Additionally, a remedial program for the reserve-rich Crosby 25 well has been finalized. Work is scheduled to commence this summer and is expected to be completed prior to the end of August. Production for the Crosby 25 is projected to be in the range of 400 to 500 barrels of oil per day and 1.5 to two million cubic feet of gas per day." Now with just over 7 million shares out is this undervalued with the potential production of these two wells at 1000-1200BOPD and 3-4MMCFPD of gas.Now let's not forget that they have a huge project in Alberta that I hear may start the first of September to drill a TCF of GAS with a world Major oil Company.Still want to sell shares people.This is on the move and this is CHEAP right here.Do the math. The Osprey