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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (10182)	3/17/2004 3:13:05 PM
From: DELT1970	Read Replies (1) \| Respond to of 24927

What is known of Vaalco Energy's progress?

To: Kerm Yerman who wrote (10182)	3/22/2004 3:38:38 PM
From: Rocket Red	Read Replies (2) \| Respond to of 24927

IFR & PRD LOGGED and drill stem tested Nobody knows nothing YA RIGHT they logged and drill stem tested it already as they already know the PAY ZONE with OIL as ya don't run casing to 10,000 feet for nothing

To: Kerm Yerman who wrote (10182)	4/6/2004 10:38:16 PM
From: bcjt	Respond to of 24927

Oilexco arranges 16-million-pound-sterling financing 2004-04-05 09:18 ET - News Release Mr. Arthur Millholland reports Oilexco has entered into an engagement letter with Canaccord Capital (Europe) Ltd. for a private placement of up to 19 million special warrants, on a reasonable efforts basis. The special warrants will be priced at 0.84 pound sterling each or $2.02 (Canadian) with gross proceeds of the private placement anticipated to be up to 16.0 million pounds sterling or $38.3-million (Canadian). Each special warrant is exercisable into a unit consisting of one common share of Oilexco and one common share purchase warrant exercisable for an additional common share at 0.99 pound sterling or $2.38 (Canadian), for a total of up to 19 million common shares (approximately 18.8 million pounds sterling or $45.1-million (Canadian)). The warrants must be exercised within seven business days after the earlier of the issue of a receipt for a final prospectus qualifying the issue of the common shares or the third business day after the expiry of the four-month Canadian hold period. It is anticipated that all subscribers will be institutions located outside of Canada. Closing is expected to occur on Thursday, April 15, 2004. The proceeds of the special warrants will be paid at closing and immediately released to the company. Oilexco intends to use the proceeds of this private placement to continue its previously announced appraisal program on the Brenda oil find located on block 15/25b in the United Kingdom North Sea. The private placement is subject to regulatory approval.