re: really really big sucking sound Yesterday's West newspaper...

re: really really big sucking sound Yesterday's West newspaper had a story of interest to we PSA punters. It said Sun Resources( SUR )together with two other small coys had taken a 37.5 % working interest in the Flour Bluff gas project on the G.O.M.coast of south Texas for $9.6 million. A 2.5 year exp.& dev. program toincrease both prod. & the current 90.6 bcf proved ,probable & possible reserve base to an estimated potential of 300 bcf will start next March. SUR 's MD said it was relatively low risk & had established infrastructure. It was held by Exxon from 1936 to 1995 who spent nothing on it presumably becos of poor gas prices but that has now changed with gas prices in the U.S. about four times what they are here.