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Gold/Mining/Energy : C.DOY Doreal Energy Corp. -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Hackett who wrote (58)	2/23/1999 10:03:00 AM
From: Salt'n'Peppa	Read Replies (2) \| Respond to of 133

Two independent sources close to the play both confirmed to me that the gas found at the 2500 metre level is economic. This puts to rest everyone's suspicions that there is no source rock beneath the salts to provide hydrocarbons to a reservoir. It also greatly increases the chances of DOY finding economic quantities of gas in their Silves target sand. This 2500 metre zone (one of several, they say) should provide some revenues over and above just paying for this well. If they find 1 TCF gas, then DOY should be worth around $12/share. They expect to reach TD in about a week.