Fenster schließen  |  Fenster drucken

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
 
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)
Alle Angaben ohne Gewähr © wallstreetONLINE