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.

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

To: The Osprey who wrote (9725)	10/10/2002 8:32:48 AM
From: SAM-DAN	Read Replies (1) \| Respond to of 11802

Good luck Osprey.Always a question -even if asseys are good -will people sell on the news after buying on the rumour[ not like they overwhelmed us with their buying} In this market it looks like lack of buyers not extreme pressure by sellers.Most stock holders[in all stocks] in a state of shock

To: The Osprey who wrote (9725)	10/10/2002 9:20:08 AM
From: Al Collard	Respond to of 11802

OEL-v...in the news: Osprey contracts out work program for BVR project Thu 10 Oct 2002 News Release Mr. Bernard Robichaux reports Osprey Energy has contracted Schlumberger Ltd. to perform the first phase of a comprehensive work program for significantly increasing production of Osprey's proven oil and gas reserves in Louisiana. Work is expected to begin in about three weeks with a coil tubing workover on the Crosby 36A in the company's BVR project. Schlumberger Ltd. is expected to complete the coil-tubing on both the Crosby 36A and the Churchman 9 by mid-November. Schlumberger is one of the world's largest providers of production services, solutions and technology to the international petroleum industry with annual revenues of about $14-billion. The Crosby 36A produced an average of 700 barrels of oil and 1.5 million cubic feet of gas per day for a period of about six weeks last year before rocking up. Engineers and geologists from Schlumberger and BPR Energy, Osprey's operating partner, are confident that production can be restored to the Crosby 36A. The well has proven reserves, net to Osprey, of more than six billion cubic feet of gas and 350,000 barrels of oil. The company expects to complete work programs on other wells in the BVR project in addition to production-enhancing work on wells in the Bayou Choctaw and Livingston projects by the end of the year.