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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Goldberry who wrote (7013)	12/14/1999 12:21:00 AM
From: Craig C	Read Replies (1) of 24920

Graham Ulster is operator of nine drills as of Dec 3rd up from seven drills in early Nov. so at least there active searching for production. I would guess Ulster has the same problem as other gassy stocks that have also sold off (RioAlto,NRK,RES,NPP) the price of gas had slipped and the investor's have fled in mass to chase high tech. Of interest the big guys have increased there 2000 budgets. Keep a eye out for Burlington they mentioned they were very happy with the Poco deal and are increasing expenditures for takeovers and exploration in Canada. Good luck with your Ulster...some day the lemmings will return.

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