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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Charles Kalb who wrote (5928)1/12/2002 9:50:06 AM
From: Al Collard  Respond to of 11802
 
Hi Charles,

Your in with FEV-v @$.39 for 25,641 shares.

Chart for First Echelon Ventures Inc:

askresearch.com

Nice T/A read on your stock pick Charles.

Welcome to the Canadian-under $3.00 Stock-Picking Challenge !!!

Good luck with your pick,
Al



To: Charles Kalb who wrote (5928)1/15/2002 5:34:36 PM
From: Al Collard  Respond to of 11802
 
FEV-v...in the news:

First Echelon negotiates $80-million deal with Kilarney

Tue 15 Jan 2002


Mr. Stephen Stanley reports

FIRST ECHELON VENTURES PARTNERS WITH KILARNEY INC. TO COMPLET ...
First Echelon Ventures has negotiated a partnership to complete the pilot
project at the Morton oil field in Wyoming. First Echelon Ventures has
agreed to sell a 15-per-cent working interest to Kilarney for $80-million
(U.S.). Mr. Stanley, president of First Echelon Ventures states, "This
agreement gives the company the capital needed to complete the pilot
project. As well, it puts First Echelon in a position to begin acquiring
other properties the company has been evaluating."
About the Morton oil project:
Located in Converse county, Wyoming, the Morton project lies within the
prolific oil producing Powder river basin. To date over $6-million has been
spent on the Morton field. A total of 25 wells have been drilled into the
Sussex Sand Reservoir within the Morton field during the last 15 years as
well as significant infrastructure. Past production has totalled 350,000
barrels, which is approximately 1 per cent of the oil in place. This has
left 35 million barrels of oil of which an estimated 60 per cent is
recoverable using LTO technology (low temperature oxidation). The Morton
oil is considered light sweet crude and has been classified as a
paraffin-based oil, having a 40-degree API gravity and low sulphur.