Ivanhoe Energy Inc - (IE) Message Board

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Gold/Mining/Energy : Ivanhoe Energy Inc - (IE)

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To: bcjt who wrote (14)	10/12/1999 2:28:00 PM
From: Winzer	Read Replies (1) of 33

Bishop says Ivanhoe onto big things at Bakersfield Ivanhoe Energy Inc IE Shares issued 89,727,767 Oct 8 close $3.80 Tue 12 Oct 99 In the News Bob Bishop, writing in Fax-Alert No. 146 on Sept. 28, says that while he does not plan to cover oil and gas companies in his newsletter in the future, he does want to mention Robert Friedland's Ivanhoe Energy. The company gets favourable mention. Mr. Bishop notes that Ivanhoe has broad exposure to the Bakersfield energy play through a deal with Mobil and Shell; Aera is the name of the majors' operating company. The editor of Gold Mining Stock Report also notes that his old friend Mr. Friedland hired the management team that built Occidental Petroleum, with the hope the team will repeat its earlier success. Mr. Friedland amalgamated Black Sea Energy and Sunwing Energy to form Ivanhoe Energy. Mr. Bishop says the Bakersfield play is capable of making gold's Carlin trend in Nevada "look like chump change," adding that while the play has not yet fully established itself, that time is fast approaching. Mr. Bishop says he plans to discontinue his newsletter next July. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch

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