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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Forthright who wrote (1117)9/16/1998 11:09:00 PM
From: rampage  Read Replies (1) | Respond to of 1288
 
I have heard that WT will have a flow report on Monday or Tuesday from the well.
A lot of people are disappointed that WT spent over 3 million and didn't get oil out of the Norphlet but they were able to log this unknown depth. They are in talks with Texaco to finance the drilling of all other deep wells. The Gas company to drill 2 wells at their cost, which would add money to the bottom line without putting out their own. They have about $500,000 so I think it was a good move to stop putting out money and start recovering some.