Das liest sich aber auch schon mal ganz gut: Friday August 11, 2:49 pm Eastern Time Press Release SOURCE: Teton Petroleum Company Teton Achieves First Quarter Profits; Announces Progress With Drilling Well #2 DENVER, Aug. 11 /CNW/ -- Teton Petroleum Company (CDN: TPCO.U) today announces that it has reached a depth of 1,500 feet drilling Well #2, which will offset Well #43, that is located on the Eguryakskaya license in Western Siberia. The license is located ten miles north of the giant Samotlor oil field. Teton drilled Well #43 in 1998 and it flowed at a rate of 1,200 barrels a day. The Company announces that it has earnings of $0.01 per share for the first quarter of 2000 which is reflected on the interim financial statements. In addition, EuroGas submitted a larger revised merger offer to Teton Petroleum Company`s board of directors. EuroGas and Teton Petroleum signed a Stand-Still agreement on July 28, 2000. Both parties have agreed to a 30-day Stand-Still period due to delays in completing the merger transaction requirements. Teton, a U.S. based Oil Company, is headquartered in Steamboat Springs, Colorado. Website: www.tetonpetroleum.com For further information contact H. Howard Cooper, President at (970) 870-1417 or e-mail at cooper@cmn.net. Investor Relations: Robert Kennedy, Current Capital (416) 860-0211. /Web site: http://www.tetonpetroleum.com/ For further information H. Howard Cooper, President of Teton Petroleum Company, 970-870-1417, cooper@cmn.net or investor relations, Robert Kennedy, of Current Capital, 416-860-0211 |
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aus der Diskussion: | ##### Hier der Grund für den EUROGAS-Hype! mT.#### |
Autor (Datum des Eintrages): | Softbanker (12.08.00 09:14:36) |
Beitrag: | 5 von 10 (ID:1558769) |
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