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

To: The Osprey who wrote (265)	4/7/2002 8:55:38 AM
From: Bearcatbob	Read Replies (2) \| Respond to of 338

Gang, If the following from the March 14 NR comes true, and there is no more significant dilution - OEL could be the play of the year. It is time for the company to make Louisiana happen "The agreement is positive for the Company in both the short and long terms. There is an immediate production increase of approximately 100 boe/d, which will contribute to the Company increasing production to 450-500 boe/d without major expenditures in the next 30-60 days. The infrastructure is in place for exploiting proven reserves, depending on financing, to achieve production in the 2,000 to 3,000 boe/d range before the end of the year."