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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: upultra who wrote (4421)9/30/1999 1:31:00 PM
From: Gerald Atwater  Read Replies (2) of 4851
 
September 30, 1999

Arrowhead Announces Results of Injunction Hearing

Further to the press release of August 30, 1999, Mark Jarvis,
President, announced today that Arrowhead Minerals Corp. and its
wholly owned subsidiary, Arrowhead Resources (USA) Ltd., won an Order
Denying Injunctive Relief as a result of a hearing in Lander, Wyoming
held September 17, 1999. The Court found that there was no contract
between the Plaintiffs and Arrowhead.

"This judgement is good news for Arrowhead," said Jarvis. "Now we
can get on with our business."
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