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Gold/Mining/Energy : Ultra Petroleum (UPL)
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To: Gerald Atwater who wrote (4427)10/1/1999 5:22:00 PM
From: Traveling Man  Read Replies (1) of 4851
 
Gerald,

Yes, I think almost all the original wells in 97 were Western and Halliburton funded JVs. Here's the rub for me.
Why did Western and Halliburton stop drilling? Has their JV ended? If so, it concerns me that neither want to continue exploiting UP property. Why not?Does the area outside Jonah appear higher risk lower reward? I have no answers Gerald,all questions. I am waiting like you for some drilling news hopefully soon. Still long and hoping.

TM
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