Ultra Petroleum (UPL) Message Board

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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: LowtherAcademy who wrote (4471)	10/25/1999 12:50:00 PM
From: Gerald Atwater	Read Replies (2) of 4851

Lew -- You write <<I'm not aware of any companies that have been dropped by GLJ that have had an increase in stock price as a result.>> Why the assumption that GLJ dropped Ultra? My information (from Ultra Petroleum) is that Ultra decided that as its assets are in the United States management thought it was important to work with a United States company (GLJ is a Canadian firm), Netherland Sewell of Dallas, Texas. Netherland Sewell provides engineering services and reserve reports for Williams, McMurray and Snyder in the Green River Basin, and so has extensive experience in that area. Netherland Sewell is well regarded in the energy business, I believe. The way you stated it -- Ultra dropped by GLJ -- was not true and clearly intended to be a negative slam at Ultra. I have a lot invested in UP and don't appreciate misinformation reported as fact. Please, clearly state your OPINIONS and BIASES as such. Gerry Atwater

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