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Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?


To: Robert McCullough who wrote (780)8/14/1998 1:41:00 PM
From: kingfisher  Read Replies (1) | Respond to of 1207
 
Bob,
My source has indicated to me that a broker purchased some land that the partners were interested in and it is wrong to assume that Apache was not involved or interested.
Also on Meekwap the two wells drilled this year were the best oil wells drilled in Alberta in 1998.Tusk plan on 5 more development wells at Meekwap.This year 3 more wells are planned starting in October.Current production for Tusk stands at 830 boe.
Current market weakness for Tusk is due to lack of news from Strachan.This should be viewed as an opportunity to accumulate and this is what I have been doing.Picked up another 2900 shares today.
Also getting back to Meekwap these wells will add net asset value to Tusk.

Have a good weekend
Richard