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Gold/Mining/Energy
AVM : CDNX - Arlington Ventures
An SI Board Since April 2001
Posts SubjectMarks Bans Symbol
6 0 0 AVM
Emcee:  SI (no user) Type:  Unmoderated
This San Joaquin, California, natural gas producer will fly.

Significant Production Increase
4/5/01

ARLINGTON VENTURES LTD ("AVM-V;ARLVF-0") - Significant Production Increase

Timothy Collins, President of Arlington Ventures Ltd. (the "Company") announces that it has started to flow gas through a recently completed 10 mile gas line (with a rated capacity of 30 million cubic feet per day) connecting 6 of the Company's gas wells in the Raisin City Field in Central California and PG&E's receipt point at Helm Junction.

The initial production rate is being restricted to 4 million cubic feet per day during the start up phase. The Company anticipates that over the next two weeks production will increase to a planned rate of approximately 10 - 12 million cubic feet per day (4.5 - 5.4 million cubic feet per day net to the Company's interest).

The Company expects to receive a net wellhead price of approximately US $8.70 per thousand cubic feet per day for natural gas produced during the month of April (based upon NGI's Bidweek Survey for a PG&E Citygate price index). The Company is a junior oil and gas company primarily engaged in the acquisition, exploration, development and production of natural gas and crude oil properties in North American. Currently, the Company is the operator of oil and gas producing and exploration properties in the San Joaquin Basis of California.

The foregoing information contains forward-looking statements and forecasts, the realization of which cannot be assured. Actual results may differ significantly from those forecast. Inaccurate geologic and engineering interpretations, the volatility of commodity prices, unbudgeted cost increases, unforeseen delays in operations and operations that prove less successful than anticipated are risks that can significantly effect the Company's operations.

TEL: 1-866-453-8888 Ken MacDonald TEL: (604) 331-8150
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I talked to the company on April 11th and was told that they are currently producing at 11 million cf/day and were planning on going quite a bit higher.

At this rate, the company is cash-flowing USD$ 1.2 million/month (CDN $1.8 million/month). Their market cap (with 31 million fully diluted shares) is only CDN $29 million!

How many companies do we know that has the same revenue per year as they are worth.
This one is definitely undervalued!!!

S&P
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