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

To: Leigh McBain who wrote (23)	9/23/1998 3:27:00 PM
From: Leigh McBain	Respond to of 242

The following is the most recent update on the current drilling project. There have been some preliminary indications of hydrocarbon presence, but we will have no way of knowing if they are economic until flow rates can be measured. These early signs are from the possible zones indicated in previous posts/NR's and are not the primary targets. Salut, Leigh McBain DRILLING REPORT CAMP COLORADO - WARREN #1 COLEMAN COUNTY, TEXAS 9/22/98: Depth 250 feet. Casing Record: Set 150 feet of 8 5/8" casing. 7 hours drilling. 9/23/98: Present Operations: Drilling @ 1,478 feet as of 7:30 A.M. (PST) Sept. 23/98. Made 1,226 feet last 24 hours. Time-Line: 1/2 hr. survey, 1-1/2 hr. connections, 22 hrs. drilling.