TOP TWENTY MONTHLY PORTFOLIO PROGRESS REPORT / NOVEMBER 11, 1997 CLOSING PRICES OF 11/14/97 Company ( Original ) ( Current ) Name Shares Price Investment Price Value Gain/Loss Alberta Energy 100 $25.45 $ 2.545.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Barrington Petroleum 600 $ 4.10 $ 2,460.00 ^ $ 5.00 $ 3,000.00 + 22.0% Blue Range Resources 230 $10.75 $ 2,472.50 ^ $ XXXX $ XXXXXXXX XXXXXXXX CimarronPetroleum 175 $14.50 $ 2,537.50 ^ $ XXXX $ XXXXXXXX XXXXXXXX Genesis Exploration 975 $ 2.65 $ 2,583.75 ^ $ XXXX $ XXXXXXXX XXXXXXXX High Point Energy 4,800 $ 0.55 $ 2,640.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Jordan Petroleum 300 $ 8.40 $ 2,520.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Lateral Vector Res. 2,100 $ 1.20 $ 2,520.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Maxx Petroleum 1,400 $ 1.85 $ 2,590.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Morrison Pertolem 290 $ 7.65 $ 2.218.50 ^ $ XXXX $ XXXXXXXX XXXXXXXX Newport Petroleum 525 $ 4.80 $ 2,520.00 ^ $ 6.35 $ 3,333.75 + 32.3% Penn West Petroleum 300 $ 8.40 $ 2,520.00 ^ $16.00 $ 4,800.00 + 90.5% Renaissance Energy 65 $36.30 $ 2,359.50 ^ $ XXXX $ XXXXXXXX XXXXXXXX Richland Petroleum 560 $ 4.35 $ 2,436.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Stampeder Exploation 475 $ 5.25 $ 2,493.75 ^ $ XXXX $ XXXXXXXX XXXXXXXX Talisman Energy 80 $31.10 $ 2,488.00 ^ $46.75 $ 3,740.00 + 50.3% Truax Resources 2,400 $ 1.10 $ 2,640.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Upton Resources 600 $ 4.10 $ 2,460.00 ^ $ 5.60 $ 3,360.00 + 36.6% Vermilion Resources 1,800 $ 1.40 $ 2,520.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Venator Petroleum 1,475 $ 1.69 $ 2,492.75 ^ $ XXXX $ XXXXXXXX XXXXXXXX ---------- ---------- Orig. Total Top Twenty Portfolio $50,017.25 ^ $18,233.75 Sell Transactions
Alberta Energy 100 $25.20 ($ 2,520.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Blue Range Resources 230 $ 7.50 ($ 1,725.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Elk Resources 400 $ 6.75 ($ 2,700.00)^ $ XXXX $ XXXXXXXX XXXXXXXX High Point Energy 4,800 $ 0.40 ($ 1,920.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Renaissance Energy 65 $42.50 ($ 2,762.50)^ $ XXXX $ XXXXXXXX XXXXXXXX Richland Petroleum 560 $ 4.50 ($ 2,520.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Morrison Petroleums 290 $10.50 ($ 3,045.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Northstar Energy 175 $14.00 ($ 2,450.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Pan East Petroleum 500 $ 4.05 ($ 2,025.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Baytex Energy 200 $15.85 ($ 3,170.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Jordan Petroleum 300 $ 7.85 ($ 2,355.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Hugoton Energy 200 $17.61 ( $3,522.57)^ $ XXXX $ XXXXXXXX XXXXXXXX Stampeder Explor. 475 $ 7.15 ( $3,396.25)^ $ XXXX $ XXXXXXXX XXXXXXXX Northrock Resources 200 $20.45 ($ 4,090.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Cavell Energy 500 $ 1.50 ($ 750.00)^ $ XXXX $ XXXXXXXX XXXXXXXX ---------- Total Sells ($38,951.32)^ $ XXXX $ XXXXXXXX XXXXXXXX Buy Transactions
Elk Exploration 400 $ 6.35 $ 2,540.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Canadian 88 Energy 335 $ 5.05 $ 1,691.75 ^ $ 5.45 $ 1,825.00 + 07.9% Northstar Energy 175 $14.25 $ 2,493.75 ^ $ XXXX $ XXXXXXXX XXXXXXXX Neutrino Resources 1,800 $ 1.32 $ 2,376.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Int'L Petroleum 425 $ 5.90 $ 2,507.50 ^ $ 5.70 $ 2,422.50 - 03.4% Harbor Petroleum 3,000 $ 0.74 $ 2,220.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Canadian 88 Energy 65 $ 6.20 $ 403.00 ^ $ 5.45 $ 354.25 - 12.1% Ulster Petroleums 300 $10.25 $ 3,075.00 ^ $14.35 $ 4,305.00 + 40.0% Carmanah Resources 360 $ 6.80 $ 2,448.00 ^ $ 5.50 $ 1,980.00 - 19.1% Baytex Energy 200 $13.10 $ 2,620.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Crestar Energy 100 $29.10 $ 2,910.00 ^ $23.00 $ 2,300.00 - 20.3% Hugoton Energy US 200 $14.37 $ 2,875.75 ^ $ XXXX $ XXXXXXXX XXXXXXXX Northrock Resources 200 $12.25 $ 2,450.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Pan East Petroleum 500 $ 4.90 $ 2,450.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Paramount Resources 300 $ 8.37 $ 2,510.00 ^ $14.95 $ 4,485.00 + 78.6% Pinnacle Resources 100 $21.00 $ 2,100.00 ^ $23.00 $ 2,300.00 + 09.5% Tarragon Oil & Gas 175 $14.80 $ 2,590.00 ^ $15.15 $ 2,651.25 + 02.4% Cavell Energy 500 $ 4.00 $ 2,000.00 ^ $ XXXX $ XXXXXXXX XXXXXXXX Poco Petroleums 200 $14.85 $ 2.970.00 ^ $12.90 $ 2,580.00 - 13.1% Gulfstream Resources 200 $12.50 $ 2,500.00 ^ $10.00 $ 2,000.00 - 20.0% Anderson Exploration 100 $17.60 $ 1,760.00 ^ $14.50 $ 1,450.00 - 17.6% Newport Petroleum 2 $ 7.05 $ 14.10 ^ $ 6.35 $ 12.70 - 09.9% Richland Petroleum 1100 $ 3.65 $ 4,015.00 ^ $ 4.75 $ 5,225.00 + 30.1% Pan East Petroleum 1200 $ 1.95 $ 2,340.00 ^ $ 2.00 $ 2,400.00 + 02.6% ---------- ---------- Total Buys $55,859.85 ^ $36,290.70 XXXXXXXX Tendering of Shares/Amalgamation
Cimarron Petroleum 175 $14.50 ($ 2,537.50)^ $ XXXX $ XXXXXXXX XXXXXXXX Newport Petroleum 473 $ 5.36 $ 2,537.50 ^ $ 6.35 $ 3,003.55 + 18.5% ---------- ---------- Total Tendered -0- ^ $ 3,003.55 Transfered to Speculative 12 Portfolio
Genesis Exploration 975 $ 2.65 ($ 2,583.75)^ $ XXXX $ XXXXXXXX XXXXXXXX Harbour Petroleum 3,000 $ 0.74 ($ 2,220.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Lateral Vector Res. 2,100 $ 1.20 ($ 2,520.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Maxx Petroleum 1,400 $ 1.85 ($ 2,590.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Neutrino Resources 1,800 $ 1.32 ($ 2,376.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Truax Resources 2,400 $ 1.10 ($ 2,640.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Vermilion Resources 1,800 $ 1.40 ($ 2,520.00)^ $ XXXX $ XXXXXXXX XXXXXXXX Venator Petroleum 1,475 $ 1.69 ($ 2,492.75)^ $ XXXX $ XXXXXXXX XXXXXXXX ---------- Total Transfers ($19,942.50)^ $ XXXX $ XXXXXXXX XXXXXXXX Transferred from Speculative 12 Portfolio
Vermilion Res. 1,800 $ 1.40 $ 2,520.00 ^ $ 7.65 $13,770.00 +446.4% Genesis Exploration 975 $ 2.65 $ 2,583.75 ^ $ 7.90 $ 7,702.50 +198.1% ---------- ---------- Total Transfer from $ 5,103.75 ^ $ XXXX $21,472.50 XXXXXXXX ---------- ---------- Total Investmet $52,087.03 Current $79,000.50 + 51.7% ---------------------------------------------------------------------- Notes: More than one purchase was made for the following companies and the following is listed to reflect consolidation of shares. Canadian 88 Energy 400 $ 5.23 $ 2,094.75 ^ $ 5.45 $ 2,180.00 + 04.1% Newport Petroleum 1,000 $ 5.07 $ 5,071.60 ^ $ 6.35 $ 6,350.00 + 25.2% |