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


To: Scott Mc who wrote (5012)4/27/1998 10:25:00 AM
From: Scott Mc  Read Replies (1) | Respond to of 24921
 
Maxx Pet..MXP, I've seen alot of (I think good)things happening on this one lately and just doubled my position..Scott

Pipeline construction at Cow Lake

Maxx Petroleum Ltd MXP
Shares issued 53,821,630 Apr 24 close $1.65
Mon 27 Apr 98 News Release
Mr Burl Aycock reports
Construction of a pipeline to tie-in a Cow Lake gas well has begun and
production should start in the second week of May.
The well was drilled in December 1997 and encountered a new gas pool. The
well is expected to produce a rate of up to 15 mmcf/d and 600 barrels per
day of natural gas liquids. Maxx has a 50% interest in the well.
Maxx and its partners have 6,400 acres of petroleum and natural gas leases
on the play and it is expected that additional wells will be drilled in
1998.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com