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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: Dave Fong who wrote (533)10/17/1996 2:43:00 AM
From: Don Plant   of 24923
 
HELLO ALL: Does anyone know anything about Ultra Petroleum UP-V.

Apparently they have a pipeline being built (to be completed by the new year) to their field in texas. Large proven reserves but had trouble last year because of sour gas or something.They bought the adjoining field (depleted)and are going to store that gas in the empty wells.

I don't know very much about oil wells but it sound like a good story to me and the share price is attractive. .45
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