CDN. Oil/Gas Cos. - Shareholder Maximization Message Board

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Gold/Mining/Energy : CDN. Oil/Gas Cos. - Shareholder Maximization

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To: Richard Saunders who started this subject	5/18/2001 1:58:14 AM
From: Richard Saunders	Read Replies (1) of 56

Thread Summary - Start by referring to posting number 31 on this thread (#reply-15558210) posted back on March 24. Since that time only 3 more companies were posted indicating the shareholder maximization words. -Post 38 mentions GUR-tse Gulfstream & their response to an unsolicited offer for 40% -Post 41 mentions RWR-cdnx Ravenwood's intentions on May 16. Here's the current list of companies previously posted on this thread which haven't yet had formal takeover or go-forward news releases: #reply-15521886 BLT-tse BOLT Process still happening. #reply-15523850 CUW-tse CAUSEWAY. Bids were due May 17 according to May02 news release. PRIVATE COMPANIES - unsure of status. Archean (post 7) Leland (post 8) Action Energy (post 9) Deer Creek (post 12) Titanium Oil and Gas (post 13) #reply-15524005 PES-tse Peak Energy Services. Partial sale of Chimo Equipment Ltd. announced Mar.21 and more maximization words spieled in recent 1Q report. Fairly heavy trading volumes over the past couple of days and a bit of a price move up in the last session including some after hours trades at $3.60 Possibly something more in the works? #reply-15531134 VTU-tse Ventus. Process still in progress. #reply-15531267 CID-tse Chieftain International. Process still in progress & no apparent mention made in recent 1Q report news release. #reply-15532235 CAT-tse Cathedral. Vague mention re: shareholder maximization, unsure of current status. #reply-15550026 TET-tse Tethys. Process still in progress. #reply-15556665 FLO-cdnx Flowing Energy. Vague mention re: shareholder maximization. farm-out for some possible summer drilling recently announced. #reply-15646816 GUR-tse Gulfstream. Process still in the works with a more recent comment newswire.ca #reply-15807005 RWR-tse Ravenwood has just commenced formal shareholder maximization process. Good luck to any shareholders of situations above and congratulations to those who have already realized some profits that generally have accompanied sale completion announcements.

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