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CSCA (Cassco Capital Corp.)

An SI Board Since November 1997

Posts	SubjectMarks	Bans	Symbol
410	4	0	CSCA

Emcee: Ga Bard	Type: Unmoderated

Introduction Market Data Compact

Thursday November 13, 3:49 pm Eastern Time

Company Press Release

SOURCE: Cassco Capital Corporation

Cassco Capital Corporation Announces Acquisition of Trico Oil & Gas Incorporated

HOUSTON, Nov. 13 /PRNewswire/ -- Cassco Capital Corporation, (OTC Bulletin Board: CSCA - news) announces the acquisition of Trico Oil & Gas Incorporated, a Texas corporation.

Trico operates oil and gas properties.

Trico's recent acquisition of a property in Panola County, Texas, adds 43 producing oil wells and 50 new drill sites to its operations. Trico's current business plan projects 500 to 600 barrels of oil per day after the property is improved and developed. A four-phase development plan has been approved by the board of directors. The projected completion of all four phases is May 31, 1998. Revenues are projected to be $2 million annually following the completion of the fourth phase of development. The developed property will add $.47 per outstanding share of gross cash flow when all phases are completed.

The property has calculated reserves of 13 million barrels of oil in place originally with 538,000 barrels produced to date.

There are six other oil and gas properties being evaluated for acquisition with a market value of approximately $32 million.

Cassco has also entered into merger discussions with two other privately held corporations valued at $40 million and $2 million, respectively.

SOURCE: Cassco Capital Corporation

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
410	Well I have said enough people need to make up their own mind ... :-) Gary	Ga Bard	-	12/8/1999
409	Cassco S-8s are out.	Shell Searcher	-	12/8/1999
408	Anyone that thinks this is a good deal I say you're NUTZ... you got to buy	Ga Bard	-	12/1/1999
407	Ok they got 2.7M included but unaccountable for in the news release. <i>	Ga Bard	-	12/1/1999
406	Looks like they done did it! JF	John Finley	-	12/1/1999
405	Dead cat (POS), thrown by large pit bull - against side of dumpster. John :-)	jmhollen	-	11/12/1999
404	CSCA. Why the bounce up 40%?	bottomfish	-	11/11/1999
403	< $ 570,425 at the moment is right in line with a shell> 1. Yuppers 2. T	Jim Bishop	-	11/6/1999
402	Jim, I don't understand the main reasoning behind wanting to reverse split	zenin	-	11/6/1999
401	10-4	jmhollen	-	10/30/1999
400	<dump CSCA until such time as that #&^%%$&^*&() Gregory explai	Jim Bishop	-	10/30/1999
399	Hey Jim, (Mostly O/T) Here's a site that will give you 'pink' inf	jmhollen	-	10/30/1999
398	I used to have problems with a Vernon company, logs all over the place in their	Jim Bishop	-	10/30/1999
397	Hey Jimbo, Yeah, it's definitely in the pink - but, now that the damn mach	jmhollen	-	10/30/1999
396	OT: AQCI pink still isn't it??	Jim Bishop	-	10/30/1999
395	Not on me, but "426" on RB probably does.... Proud of you, my Man..	jmhollen	-	10/30/1999
394	Already wrote him one -- did so immediately upon finding his email address post	BudLong	-	10/29/1999
393	Write the guy an email right now, and express yourself... <b>GREGORYR@F	jmhollen	-	10/29/1999
392	Financially expedient Alzheimers, perhaps... aka "Millionaire's Amnes	BudLong	-	10/28/1999
391	My biggest concern, is Gregory's reaction to SSP's phone call to him ab	Jim Bishop	-	10/28/1999
390	This crim Gregory has lied to so many people it's amazing! I wish I had a b	BudLong	-	10/28/1999
389	Bizarre is right. Only thing I can figure is that they're announcing the R	BudLong	-	10/28/1999
388	Normally I wouldn't disagree, but this, along with Gregory's comments i	Jim Bishop	-	10/28/1999
387	Don't know my fill yet; for all I know, I was filled at .11. LOL The secon	BudLong	-	10/28/1999
386	it is up 50% as of my post. Go figure! LOL should have stayed in I guess when	Ga Bard	-	10/28/1999

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