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Gold/Mining/Energy : Ultra Petroleum (UPL)
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To: upultra who wrote (4081)4/28/1999 5:11:00 PM
From: Traveling Man  Read Replies (1) of 4851
 
Riker,

I have heard that the Warbonnet is still in the process of "cleaning up" and real flowtests must wait that process to be completed. I'm
personally not aware of a deal yet, I am sure UP is working on that one. Word has it that there was a reasonably high value placed on some Jonah field assets in the recently mentioned transaction,which gives me optimism that UP has a pretty good hand to deal whenever they do find a big time operator/JV partner. When I get more specific info,I'll let you know HOW valuable the deal was in Jonah.

TM
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