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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (5019)	5/3/1998 7:41:00 PM
From: Richard Saunders	of 24923

Kerm/ Startech (SEH-tse) - noticed the addition to your portfolio. Saw the release re: annual numbers but NAV or lt debt wasn't detailed. Do you have current figures? Also see that seh has hedged "approximately 50 percent of 1998 net daily crude oil production locked-in at US $19.60 WTI per barrel." Did you ever find more detail re: Upton? Thanks again for the effort you and Arnie/Herb continue to put into the Korner, much appreciated.

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