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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: RIK who wrote (8046)	3/11/2001 11:12:02 PM
From: Richard Saunders	Read Replies (1) of 24899

RIK - check the equivalent numbers on what Shell's hostile move at Barrett Resources seem to work out in cdn. equivalent. I know, apples and oranges for comparison's sake when thinking about cdn. producers vs. a situation like Barret however it does make one wonder....... Barrett is mostly gas and the initial hostile u.s. cash attempt checks out with 10:1 conversions at something in excess of cdn$80,000 per flowing barrel of production and cdn$19 per proven BOE. Interesting days ahead or just froth?

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