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

To: mappingworld who wrote (100)	6/29/2001 1:59:46 PM
From: mappingworld	Read Replies (1) \| Respond to of 338

Stockwatch News Osprey Energy Ltd - Brownstone to participate in Osprey private placement Osprey Energy Ltd OEL Shares issued 7,054,288 Jun 27 2001 close $.820 Jun 28 2001 10:01:50 Mr. Sheldon Inwentash reports Brownstone Resources has increased its interest in Osprey Energy Ltd. by participating in a private placement for 300,000 units of Osprey for a total consideration of $225,000. Each Osprey unit comprises one common share and one warrant entitling the holder to acquire one further common share of Osprey at $1.00 for one year. (c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com

To: mappingworld who wrote (100)	6/29/2001 2:24:58 PM
From: Stew	Respond to of 338

Thanks Olga: This would be Corridor, one assumes: . . . . . . "Another company has been active in both PEI and near Sussex, N.B., where it has successfully tested two wells in a stratigraphic structure."

To: mappingworld who wrote (100)	6/30/2001 7:41:55 AM
From: The Osprey	Read Replies (2) \| Respond to of 338

Suppose there is some relationship here.I see they both mention 640,000 acres???? Rally Energy Corp - News Release Rally closes stage one acquisition of PE property Rally Energy Corp YRY Shares issued 12,901,849 2001-06-15 close $0.39 Monday Jun 18 2001 News Release Mr. Blair Coady reports Further to the company's news release in Stockwatch dated June 5, 2001, Rally has closed the stage one acquisition of a 15-per-cent working interest in 642,136 gross acres (96,320 net acres), subject to a 5-per-cent net profits interest before payout reverting to an 8-per-cent GORR after payout in seven exploration permits onshore Prince Edward Island (the PE gas property). Rally retains the right to acquire an additional 15-per-cent stage two interest and a further 10-per-cent stage three interest in the PE gas property subject to satisfactory financing and other conditions (see release of June 5, 2001). Rally anticipates an exploration program consisting of a detailed assessment of existing seismic data and drill well logs as well as acquiring new data in prospective areas of the PE gas property will indicate potential drill targets and warrant further exploration. Rally further reports that Energy Power Systems Limited has exercised its option to acquire Rally's remaining 25-per-cent average interest in the Sibbald property, Alberta, effective April 1, 2001. The option was exercised pursuant to an agreement previously reported by Rally on March 26, 2001, when EPS purchased an average 25-per-cent interest in the Sibbald property and some smaller interests in Ontario. Rally has granted, subject to regulatory and exchange approval, 955,000 common share purchase options to acquire 955,000 common shares at an exercise price of 40 cents until June 14, 2002, to directors and consultants of the corporation. Under the corporation's stock option plan a total of 1,290,100 common share purchase options are reserved for issuance of which 1,005,000 have been granted. Looks like PEI is heating up here.CDH and ONG also have properties in the area and ONG.V is awaiting a test rig to flow test the well they drilled in the Souris formation right next door.Interesting.....