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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: pz who wrote (72061)8/30/2000 11:59:50 PM
From: Doug Schneider  Read Replies (1) of 95453
 
Undervalued E&P company ABP breaking out today on nice volume. Partnered with EOG (ABP 25% w/no capex) in Texas near Exxon/Arco play 8-17mmcfpd. 35% hedged until october. 14 million more in non-core canadian asset sales closed/ing. Undervalued from peer group. Moved to amex. High insider holdings and highly motivated to bring price above 5.70 by december. The news releases spell it out and check them out at www.abraxaspetroleum.com.

Sorry for sticking my nose in your board, but this company is too good not to DD. Check out the price per acreage comparison, it will blow your mind.
Good luck all,
natgas rules!!
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