REMINGTON OIL........Keeps on growing | Stock Discussion Forums

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Gold/Mining/Energy
REMINGTON OIL........Keeps on growing

An SI Board Since July 1997

Posts	SubjectMarks	Bans	Symbol
16	0	0	REL

Emcee: Herb Duncan	Type: Unmoderated

Introduction Market Data Compact

Decided to buy into this one in April/1996 at $2.30 take a look at it now, expected CF $3.50 for 1998

REMINGTON ENERGY LTD. ANNOUNCES WEST STODDART, BRITISH COLUMBIA INITIAL TEST RESULTS
CALGARY, April 24 /CNW/ - Remington Energy Ltd. has now
production tested its discovery well in the West Stoddart area of
British Columbia. The initial discovery well 16-32 flowed 51 degrees
API oil and associated gas at rates up to 1000 BOE/D through a half
inch choke. However, the Corporation anticipates that initial
government allowables will be lower and production will be eligible
for the three year royalty holiday in British Columbia. Testing of
the second well at 01-31 will commence following breakup. Additional
testing will occur during the latter part of 1996 and full production
is expected to commence in January of 1997 with the installation of
facilities which are being designed for 3000 bbls/d of oil and 5
MMCF/D of solution gas. Paul Baay, President of Remington says, ``We
are very early on in the play and a number of engineering hurdles
still have to be overcome but the opportunities for our company are
terrific.'' Following road bans, Remington will commence a
continuous nine well drilling program in the area that will include
six development locations and three exploratory locations. Along
with the drilling program, a 3-D seismic program will be shot to
evaluate horizontal development locations which could increase the
allowables on a per well basis. The 3-D seismic program will also
help to further define three up-hole hydrocarbon bearing zones that
were encountered in the wells. Remington now controls 38 sections of land in and around the West Stoddart project with an average working interest of 77 per cent.

For further information: Paul R. Baay, President & C.E.O., Remington Energy Ltd., (403) 269-9309

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Reply	Message Preview	From	Recs	Posted
16	Hello Al Sorry I missed it also. I also noticed the nice move this past week.	Dave Fong	-	4/10/1998
15	Remington Financial and Operating results for 1997 released on April 7 Reports	Al Lewis	-	4/9/1998
14	Nice move today and volume building. Apparently there was an article in the Ca	Al Lewis	-	4/9/1998
13	Hello Herb Had a chat with Stan (IR) today from Remington. He states that they	Dave Fong	-	2/20/1998
12	Other than the weather any other news?? Trying to decide if it's time to a	Herb Duncan	-	2/19/1998
11	Hello Al Are you still following Remington. I've called a few times to	Dave Fong	-	2/19/1998
10	Hello Al thanks for the news release It has been a very good day. It was also	Dave Fong	-	12/4/1997
9	Hi Dave Remington update December 4 ÿÿÿÿ REMINGTON PROVID	Al Lewis	-	12/4/1997
8	Hello Al, Remington has 3 core regions. All three are in very close proximity	Dave Fong	-	11/30/1997
7	Hi Dave Getting crowded here This morning Calgary Herald talking about the fal	Al Lewis	-	11/29/1997
6	Yor probably right on the topics issue. I think with patience and a few bucks	Herb Duncan	-	11/29/1997
5	Hello I've been very happy with rel. Unfortunately they have come down a bi	Dave Fong	-	11/29/1997
4	Hi Herb Nice to see that you are still here. No didn't get hurt too bad as	Al Lewis	-	11/28/1997
3	I agree, market goes south and everyone goes into shock. I noticed most of the	Herb Duncan	-	11/28/1997
2	Hi Herb Lonely here- Third quarter results October 31- Hi I just found this s	Al Lewis	-	11/27/1997
1	REMINGTON ENERGY LTD. ANNOUNCES FIRST QUARTER RESULTS CALGARY, May 5 /CNW/ -	Herb Duncan	-	7/30/1997

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