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Gold/Mining/Energy : Commonwealth Energy Corp. (CWY.ASE) -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (22)9/21/1998 2:54:00 PM
From: Leigh McBain  Read Replies (1) | Respond to of 242
 
Well we'll have to see how far it moves on the speculative front. So far they seem to move ON news, not much prior to. There should certainly be a reason for a move though is this well proves out.

Salut,
Leigh McBain

PS - I have had a few people asking some questions, but they are all pretty much indicating that they are playing a wait and see game.



To: Trumptown who wrote (22)9/28/1998 4:13:00 PM
From: Leigh McBain  Read Replies (2) | Respond to of 242
 
News Release is now out. Looks good, no flow data as of yet, however, we did get a showing in all 3 target zones. Here's a copy of the release.

Salut,
Leigh McBain

September 28, 1998
Trading Symbol: CWY (ASE)

MEDIA RELEASE

Commonwealth is pleased to announce that casing has been set on the Camp Colorado Warren #1 well at 3,100 feet. The electric logs indicate the presence of hydrocarbons in all three of the primary zones of interest: The Marble Falls, Duffer, and Ellenburger. Testing to determine production potential will begin soon, when all the data has been evaluated.

For further information, please contact Bob Stewart or Doug Wolters
(Investor Relations) at 1-800-950-2587.