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To: Douglas V. Fant who wrote (40609)3/22/1999 10:22:00 PM
From: JungleInvestor  Read Replies (1) | Respond to of 95453
 
Doug, speaking of gas, the following link talks about a joint project PZE negotiated with SONAT to develop PZE's New Mexico property with an estimate 1Tcf of coal bed methane (this is about equal to PZE's booked proven gas reserves). Uncle Bruno (the senior fellow on Yahoo's PZE thread) said he read reserves could be as high as 4 Tcf. This should help with the rapid 20-30% decline in gas production. On this news PZE's stock price shot up 1/16 point today! (it will have its day in the sun).

sonat.com