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Gold/Mining/Energy : Ultra Petroleum (UPL)
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To: upultra who wrote (4686)7/19/2000 12:27:12 AM
From: LowtherAcademy  Read Replies (1) of 4851
 
Upultra,
Remember that the GRB is a low cost numbers game. Initial
production will drop 75% in the first year and production will level out and last for a very very very long time. It is simply a situation where the lower the cost of producing, the quicker the payback. Is Haliburton still
doing the fracing? If that's the case, ooops.... higher costs,
slower completions and a lot of stumbling will occur. Who's
doing UP'S in house engineering?
Actually, who do they have for qualified personnel?
It would seem an impossibility that UP couldn't take advantage of their property, current gas prices and the mighty power of Can o' Crap to get this stock moving.
Watching with interest,
Lew
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