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.

Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: blebovits who wrote (8459)	11/13/2001 12:50:57 PM
From: Bear Down	Read Replies (1) \| Respond to of 19428

looks like you're already done with that POS

To: blebovits who wrote (8459)	11/13/2001 12:51:09 PM
From: Bear Down	Respond to of 19428

looks like you're already done with that POS.

To: blebovits who wrote (8459)	11/13/2001 6:41:01 PM
From: StockDung	Read Replies (1) \| Respond to of 19428

amazing since the stock is only trading at $1.30 GTXE - GULFTEX ENERGY CORP Exchange: OTCBB Delay: at least 15 minutes Last Price: 1.30 at 15:01 EST Change: Down 0.08 (-5.80%) Swiss Life Private Equity Fund to Acquire 4.9% of the Common Stock HOUSTON, Oct. 23 /PRNewswire/ -- Swiss Life Private Equity Fund issued and signed a formal agreement over the weekend to acquire 4.9% of the outstanding common stock in Gulftex Energy Corp (OTC Bulletin Board: GTXE) for the cash sum of $5.5 million or $4.00 per share effective immediately. The Gulftex Board welcomed the stock purchase, which would give Gulftex access to additional capital for the merger & acquisition strategy now underway and provide a stable financially strong long term investor. On a conference call from Cologne, Germany, Carl Von Wasserman, Senior Financial and Investment Officer with Swiss Life stated that Gulftex's management had demonstrated an excellent business model that prompted SLPEF's timely participation combined with SLPEF's desire to invest in excellent young US Co's with high quality management in the energy / utilities sector. Asked if they would increase their position & investment at any time, Carl Von Wasserman stated that under the terms of the stock purchase agreement they would not acquire a larger interest within the next 12 months. Gulftex Energy Corporation is an integrated petroleum company involved in exploration and production, transportation, refining, and retail marketing. The Company develops and manages oil and gas fields, focusing on the Permian Basin in New Mexico and Texas, onshore United States Gulf Coast, and the Gulf of Mexico, offshore in Indonesia, Nigeria and Qatar. The Company is also involved in pipeline transportation, oil & refined products trading, shipping. www.gulftexenergy.com MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE Gulftex Energy Corporation and Swiss Life Private Equity Fund CO: Gulftex Energy Corporation; Swiss Life Private Equity Fund ST: Texas, Germany IN: OIL SU: 10/23/2001 11:22 EDT prnewswire.com