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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: Traveling Man who wrote (4436)10/3/1999 3:36:00 PM
From: Gerald Atwater  Read Replies (1) of 4851
 
TM --
<< . . . it seems like the "payback" should be done on most of those Jonah wells . . .>>

That's what I thought, too. When I asked the question I was told something to the effect that the Jonah wells weren't a priority now, that the Anticline area was. In other words, I never got an answer. From my fuzzy recollection, however, it seems to be that NONE of the Jonah wells EVER flowed into a sales line at anything approaching IP figures. (That fact has been discussed here on the thread in the past.) So after the "super-harmonic decline curve" (term used in the June, l998 company brochure) of the first few years, what remained? That's an answer all of us would like to know!

Gerry
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