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Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?

To: stonewall who wrote (955)	10/16/1998 11:53:00 AM
From: grayhairs	Respond to of 1207

Hi stonewall, I am not aware of any seminar that Holton may have held with brokers recently and hence am also not aware of any info that may have been revealed. With respect to the 15 wells next year, I would think that would be too aggressive of a program to assume given past programs, current oil prices, etc. Tusk have previously announced that they recognize the potential for as many as 20 development wells on their Meekwap property. But, I do not believe they would drill more than "a few" of them next year. By the way, the first such Meekwap development well that TKE drilled last year continues to produce ~1,400 boepd and the second continues at ~ 800 boepd. Both are still producing water free!! GREAT wells. No wonder they want to drill more. Later, grayhairs