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To: Sidney Reilly who wrote (4410)9/16/1998 10:40:00 AM
From: bob  Respond to of 4736
 
Laser Exploration, Inc. Announces Successful Field Testing of
Licensed Laser Technology to Directly Detect Oil & Gas Fields



MIDLAND, Texas, Sept. 16 /PRNewswire/ -- Laser Exploration, Inc. (LEI) is
pleased to announce the successful field testing of its' licensed laser
technology -- a newly developed and patented differential absorption lidar
(DIAL) mid-infrared laser capable of detecting and quantifying methane (C1),
ethane (C2), and probably propane (C3) gases in the atmosphere of one (1) part
per million volume (ppmv) over a one (1) mile distance. This "breakthrough"
in mid-infrared "open path spectrometry" was achieved by OPHIR Corporation,
Littleton, CO and Chimera Geophysical Corporation, Reno, NV and was primarily
funded by the U.S. DOE-SBIR, the U.S.A.F.-Phillips Labs, and stockholders of
LEI.
LEI is engaged in the exploration for oil and gas reserves and will deploy
the LIDAR oil and gas exploration system(C) to detect and quantify anomalous
levels of C1-C3 gases in the near surface atmosphere which LEI believes are
leaking directly upward from subsurface pressurized oil and gas fields. LEI
predicts a success ratio of 1:2 for a new field discovery and a reserve
finding cost of less than $1/BOE.
LEI expects the LIDAR oil and gas exploration system(C) to find numerous
stratigraphically trapped "giant" oil and gas fields still remaining
undiscovered in the U.S. which could dramatically reduce our dependence on
imported crude.
LEI is currently buying lease options on a geologically prospective "area
of interest" in Texas and will utilize the LIDAR oil and gas exploration
system(C). LEI expects the drilling of two (2) "wildcat" test wells before
the year-end.
For more information about LEI and its' LIDAR oil and gas exploration
system(C), contact laser-exploration.com, call 800-323-2255 or fax
915-682-8936.

SOURCE Laser Exploration, Inc.
Web Site: laser-exploration.com



To: Sidney Reilly who wrote (4410)9/21/1998 7:17:00 PM
From: Sidney Reilly  Read Replies (1) | Respond to of 4736
 
The MM's can't seem to sell their paper anymore so they dropped the bid/ask to .25/.30. No trades again today. Who in their right mind would buy stock in a company with such a troubled past. With management who will tell us absolutely nothing about what's going on. That is non-reporting and will not even comply with the laws of incorporation that require financial statements of the companies condition to be released to the shareholders yearly. I will have owned this stock 2 years this coming february and I have yet to see any financial statement. It is now over 2 months past the date they promised new drilling in Nebraska would start and not a peep about it. They can't blame it on a cold winter (the ground is frozen) or the mud from the spring rain!! What's going on Dr. Stamm. And let me correct you about something. I'm not a heckler, I'm a shareholder that you have scammed you idiot. Their's a difference. I've lost 98% of my investment in your company. You're responsible for that with your pathetic management and whatever else you are secretly up to. The whole company is one big secret. What the h*** is going on.