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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: Gerald Atwater who wrote (4459)10/13/1999 3:58:00 PM
From: upultra  Read Replies (1) of 4851
 
Thanks Gerald, very interesting section on the Pinedale Anticline and the Jonah field. For those who don't want to listen to all 65 minutes of the call, the Ultra bit is located at about 9 minutes and 30 seconds into the entire broadcast.
I thought the part about Jonah looking at trying to go to 40 acres spacing was interesting (I think this is old news, but the fact that it was mentioned is a good sign). Also that Questar is looking at 165 to 300+ wells depending on results and permit approvals in the Pinedale area is very promising.
In addition to the drilling results expected soon, don't forget the annual results will likely be out next week (possibly around the same time as the drilling results). Could be an exciting end to the month of October.

cheers,
riker
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