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WallStreetGrapevine.com "Heard on the Street" Alert - TRAE, GE, CVX, MRO.

Publication: M2 Presswire
Publication Date: 31-AUG-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 August 2004-WallStreetGrapevine: WallStreetGrapevine.com "Heard on the Street" Alert - TRAE, GE, CVX, MRO(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:08302004

WallStreetGrapevine.com "Heard on the Street" Alert - TRAE, GE, CVX, MRO

Triton American Energy Corporation (Other OTC:TRAE.PK) is in final negotiations for 18 oil wells on a 1,020-acre tract of the Humble Oil Field. Based on an independent engineering report, there is an estimated 15,000,000 barrels of oil in place on the leases of which at least 5,000,000 barrels of oil can be economically recovered. At $30.00 per barrel, this would equate to a gross value...

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