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Article #239Re: Atlantic Oil Field Discovery Pending
From: Piotr Zahinski
Date: Wed, 08 Apr 1998 00:00
Date: Wed, 08 Apr 1998 00:00
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2548 bytes
The word I got is that Novoco accepted a $40k retainer to not release the leaked information. Lynn Greenspan <nospam@nospam.net> wrote in article <01bd60eb$e942eba0$LocalHost@default>... > N> I have confirmed with the Newfoundland Government that a major > N> US oil company has stated interest in a block covering a prospect > N> larger than the Hibernia oil field (with 1.5 Billion barrel > N> recoverable)! The Government has already issued a call for bids. > > What good is your information "leak"? This is not hot tip since an investor > would have to commit $5 million to beat out the "major US oil company" to > get their prospect. NOBODY has that kind of money. In the future please > keep such inside information to yourself, since it is of NO use to any > stock investors. > > Novoco <incaoil@avint.net> wrote in article > <01bd5ebe$e3790bc0$LocalHost@default>... > > Due to Novoco offices being inundated with private emails requesting > > clarification on the previous post of the 1.5 Billion barrels of oil > > recoverable structure near Hibernia, we are issuing this news > > clarification. > > > > 1) This news is of no benefit to small stock investors because: > > i) It will probably be over 7 years from now before the well will be > > (snip) > > 3) The information presented is of principle interest to oil explorers > who > > may want to easily outbid a seismic package with the inevitable > exploration > > well in the first phase of exploration. The time difference is just a > > couple of years, and the cost of the well is less than the cash paid to > > merely purchase the right to explore some Gulf of Mexico blocks. > > (snip) > > Review the prospect and other related pages at > > http://www.avalon.nf.ca/~incaoil/nfecpros.htm > > > I looked at the geological maps and they lack the coordinates of the > seismic structures. What good are such maps to me? You need to tell us > where the giant oil structures are for us to invest in them. You are just > wasting our time. > >
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: fe187,5a25e5321ceb0b25 X-Google-Attributes: gidfe187,public From: "Piotr Zahinski" <nospam@nowhere.net> Subject: Re: Atlantic Oil Field Discovery Pending Date: 1998/04/08 Message-ID: <01bd62a8$d77f16a0$LocalHost@default> X-Deja-AN: 341953757 References: <01bd5ebf$c5fd05a0$LocalHost@default> <01bd60eb$e942eba0$LocalHost@default> Organization: All USENET -- http://www.Supernews.com Newsgroups: cna.finance.foreign