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

To: Liatris Spicata who wrote (5)1/15/1998 10:46:00 AM
From: Liatris Spicata  Respond to of 16
 
WSJ reported that today FEG revealed the brand name of its gasoline business due to open its first outlets in April in NZ: "Challenge!"

Nelson Cull, FEG general manager, downstream oil, said the brand was an attempt to capture a sense that something new and dynamic was going to happen for New Zealand motorists. To quote Dogbert: "Big Whoopie".

FEG plans to have 10 retail outlets operating around the North Island by April. Last month FEG announced it plans to enter the gasoline market.





To: Liatris Spicata who wrote (5)2/4/1998 7:52:00 PM
From: Liatris Spicata  Respond to of 16
 
FEG division said Thursday the Mangahewa-2 natural gas discovery well in Taranaki was flowing at a daily rate of 17.1 million cubic feet (Mcf).

This compares to a daily flow rate of 17.5 Mcf, as reported Jan. 22. In a weekly drilling activity report to the New Zealand Stock Exchange, the company said that production of associated condensate and water includes 233 barrels a day (b/d) of condensate and 38 b/d of water.


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