Ultra Petroleum (UPL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Ultra Petroleum (UPL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LowtherAcademy who wrote (4687)	7/24/2000 8:43:03 PM
From: upultra	Read Replies (1) of 4851

Lew, sorry I don't have too many of the answers you are asking. I am not sure whether it is Haliburton or Schlumberger who is doing the fracing -- Haliburton may have cost more but they did seem to get better results. Was it the location of the wells? or the method of completion?? According to reports, the wells (given current gas prices) are expected to be paid off within 6 - 8 months. My hope is that this will still give us some of that high production flow of the first year or two going straight to earnings. I am still trying to find out why AEC paid $900 million for McMurray Oil. EIS study expected this week. 1st well results should hopefully be out end of this week. 2nd well next week. cheers, riker

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next