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Microcap & Penny Stocks : MTEI - Mountain Energy - Info Only -- Ignore unavailable to you. Want to Upgrade?

To: Mike Ankley who wrote (9)	5/27/1998 8:02:00 PM
From: ~digs	Read Replies (1) \| Respond to of 52

Header: Facts about earth's energy resources (natural gas specifically) Information obtained from Understanding Earth , copyright 1994 Remaining non-renewable world energy resources amount to about 320,000 quads (a unit of energy content): Uranium 4.8 million tons= 154,000 quads (48%) Coal 6.8 trillion tons= 135,000 quads (42%) Shale oil 2300 billion barrels= 13,500 quads (5%) Crude oil 1700 billion barrels= 9839 quads (3%) NATURAL GAS 7400 trillion cubic feet= 7572 quads (2%) Furthermore... "The resources of natural gas are comparable to those of crude oil (as seen above) and may actually exceed them. Estimates of natural gas resources have been rising in recent years. Exploration for this clean fuel and geologic [gas] traps in new geologic settings have been identified, such as in very deep formations, overthrust belts, coal beds, tight (somewhat impermeable) sandstones, and shales. The burning of natural gas releases less carbon dioxide per unit of energy (quad) than the combustion of coal or oil. It is less polluting, and is easily transportable. Natural gas from fields in Siberia for example, are piped to factories and homes in Germany. For these reasons, natural gas is a premium fuel. Natural gas accounts for about 25% of all fossil fuels consumed on the United States each year, most of it for industry and commerce (52%), followed by residential use (28%) and generation of electric power (18%)... American resources [of natural gas] should last about 35 years at current rates of use, probably longer with the tapping of accumulations in the new settings mentioned above..." Hmmm, wonder what our ME geologist has been up to for the past few DECADES? The new management could have me holding on to this one for quite awhile. Go long on this one until you're convinced otherwise, IMO, it will be a wild ride. fellow prot‚g‚

To: Mike Ankley who wrote (9)	6/9/1998 1:08:00 AM
From: Mike Ankley	Read Replies (3) \| Respond to of 52

BSNS Wire New of MTEI buying additional 8,000 acres. Repost of Blitz's ICVI reply #10025. HERE'S THE NEWS................ (BSNS WIRE) Mountain Energy Inc. Announces It has Received Acceptance of Mountain Energy Inc. Announces It has Received Acceptance of Its Purchase Offer of an Additional 8,000 Acres of Mineral Resources in West Virginia Business/Energy Editors HOUSTON--(BUSINESS WIRE)--June 8, 1998--Mountain Energy Inc. (formerly International Casino Cruises Inc., OTCBB:ICVI) announces it has received acceptance on its purchase offer to acquire an additional 8,000 acres of mineral reserves in Lincoln and Raleigh counties in West Virginia. Additionally, Mountain Energy Inc. has retained Stag Engineering Services Inc. (Crosslands, West Virginia), to conduct reserve studies on the acquired acreage. Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21F of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distributions and competition trends and other market factors. Learn more by contacting Mountain Energy Inc. at 7700 San Felipe, Suite 480, Houston, Texas 77063. --30--MJB/ho* CONTACT: Mountain Energy Inc., Houston Joe Gort, 800/716-5147 or George Guttman, 212/293-9034 or 718/951-0260 KEYWORD: TEXAS INDUSTRY KEYWORD: OIL/GAS ENERGY Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *