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


To: The Osprey who wrote (9788)10/14/2002 5:29:26 PM
From: Al Collard  Respond to of 11802
 
Hi Osprey,

Your in with OEL-v @$ .34 for 29,411 shares.

Chart for Osprey Energy Ltd:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of OEL we can see the stock tested and successfully held the support of it's 50MA last week. The stock now has resistance @$ .35 to break through before any serious upside can be realized. The chart indicators are mixed showing no clear direction.

Good luck with this pick,
Al



To: The Osprey who wrote (9788)10/17/2002 3:01:33 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
OEL-v...in the news:

Osprey ahead of schedule on Crosby workover

Thu 17 Oct 2002

News Release

Mr. Bernard Robichaux reports
Osprey Energy has accelerated its timetable on the first phase of a
comprehensive work program to significantly increase oil and gas production
on its Louisiana properties. A coil tubing workover on the Crosby 36A well
is expected to begin on Monday, Oct. 21, 10 days ahead of schedule.
Engineers and geologists from Schlumberger and BPR Energy, Osprey's
operating partner, are completing on-site preparations and expect to
restore production to the Crosby 36A by the end of next week. A work
program on the Churchman 9, another well in the company's BVR project, will
begin immediately thereafter.
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. 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.