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Gold/Mining/Energy : Centurion Gold --CGHI-- -- Ignore unavailable to you. Want to Upgrade?

To: blind-geezer who wrote (359)	11/12/2005 12:15:01 PM
From: RealMuLan	Read Replies (1) \| Respond to of 460

>>Andrew Dale Paul has all the cash, he can front CGHI all the necessary capital to start drilling ...<< Not really, since they can only issue 300 million shares common in all. If they are not already, then at least pretty close to the Max.

To: blind-geezer who wrote (359)	11/13/2005 1:36:28 AM
From: Snowshoe	Respond to of 460

>>Andrew Dale Paul has all the cash<< But Escopeta is still having trouble getting a rig... Escopeta begins permitting stockhouse.ca Escopeta Oil has begin permitting to drill exploration wells at its North Alexander and Kitchen prospects in Alaska’s Cook Inlet in 2006, company President Danny Davis told Petroleum News Nov. 2. The company has hired Entrix in Anchorage to handle permitting. Davis is also looking for a jack-up rig to bring to the inlet in the spring. “We’ve ruled out Rowan. They’re way too expensive,” Davis said, “but we are looking at all options, including using the same approach as Forest with the Osprey platform (at Redoubt Shoal field),” meaning bringing in “a production platform to drill from instead of a jack-up.” Davis said he is “willing to listen to any ideas and work with anyone who has a good one. “Right now with jack-up rates as high as they are, it would cost almost $30 million dollars to bring in a Rowan jack-up for 120 days. … $15 million for the rig move … and the day rate is $135,000, so I’m open to other operators, other options.”