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To: Lhn5 who wrote (216)8/25/1998 9:49:00 AM
From: SnakeInATuxedo  Read Replies (1) | Respond to of 336
 
Aside from the encouraging news contained in the drilling results, the other thing I found most intriguing and reassuring was the first sentence in which Mssrs. Hunter and Milligan jointly presented the results. This tells me the two companies are extremely comfortable with each other as partners. Often you'll see each company in a deal such as this issue its own statement with only a cursory mention of the other company with whom they are involved. That said, I'm not sure it will be sufficient to save their other property; we're still a long way from a bankable feasibility study here and, then, production.