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Article #238Re: Atlantic Oil Field Discovery Pending
From: Lynn Greenspan
Date: Sun, 05 Apr 1998 00:00
Date: Sun, 05 Apr 1998 00:00
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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$LocalHost@default>... > Due to Novoco offices being inundated with private emails requesting > clarification on the previous post of the 1.5 Billion barrels of oil > recoverable structure near Hibernia, we are issuing this news > clarification. > > 1) This news is of no benefit to small stock investors because: > i) It will probably be over 7 years from now before the well will be > (snip) > 3) The information presented is of principle interest to oil explorers who > may want to easily outbid a seismic package with the inevitable exploration > well in the first phase of exploration. The time difference is just a > couple of years, and the cost of the well is less than the cash paid to > merely purchase the right to explore some Gulf of Mexico blocks. > (snip) > Review the prospect and other related pages at > http://www.avalon.nf.ca/~incaoil/nfecpros.htm > I looked at the geological maps and they lack the coordinates of the seismic structures. What good are such maps to me? You need to tell us where the giant oil structures are for us to invest in them. You are just wasting our time.
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: fe187,5a25e5321ceb0b25 X-Google-Attributes: gidfe187,public From: "Lynn Greenspan" <nospam@nospam.net> Subject: Re: Atlantic Oil Field Discovery Pending Date: 1998/04/05 Message-ID: <01bd60eb$e942eba0$LocalHost@default> X-Deja-AN: 341193518 References: <01bd5ebf$c5fd05a0$LocalHost@default> Organization: All USENET -- http://www.Supernews.com Newsgroups: cna.finance.foreign