SI
SI
discoversearch

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 : Fletcher Challenge Energy (FEG) -- Ignore unavailable to you. Want to Upgrade?


To: Dale Schwartzenhauer who wrote (4)2/5/1998 8:57:00 AM
From: Liatris Spicata  Read Replies (1) | Respond to of 16
 
Dale-
I copied this from a Briefing.com industry report. Thought you might be interested in keeping tabs on this area.

"Wells in the Waihapa Field, which lies to the south of PEP 38723,
have flowed at rates of up to 10,000 barrels/day, making them among
the most profitable onshore wells in the world. Another nearby
Taranaki permit, PPL 38705, contains Fletcher Challenge Energy's
(NYSE:FEG) potentially giant Mangahewa Discovery, whose reserves,
reports suggest, may be as high as two trillion cubic feet of gas.
Shell recently to applied for rights to another proximate tract"

Larry