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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Kerm Yerman who wrote (5462)10/6/1998 11:46:00 AM
From: oilfinder  Read Replies (1) | Respond to of 24905
 
Hi Kerm,

What are your views on Founders?, now at 74 cents

thanks

MD



To: Kerm Yerman who wrote (5462)10/6/1998 3:31:00 PM
From: johnlag  Read Replies (1) | Respond to of 24905
 
Kerm -

A while back I mentioned the East Lost Hills (ELH) play in the San Joaquin basin. Berkeley, Paramount, Westminster, Elk Point, Stanford, et al....

Message 5301447

Anyway, today anyone holding those stocks would have averaged about 10% or more on the ELH index. Rumours abound in Calgary and the excitement is evident - for the first time in MONTHS! I understand we are probably two weeks or so from target depth. The well is supposed to be in 'tight hole' status, but even Westminster published in their last quarterly that drill results so far were 'encouraging.' It seems like this is the play to watch now.

Any comments?

Regards, John