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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (4311)	12/11/1997 9:56:00 AM
From: HAZ	Read Replies (2) of 24905

Kerm / Richland Petroleum What is you opinion on RLP.A, I'm planning to buy some more, just not sure if I should wait for further price weakness or just get in now. I am impressed with their latest press release about their 97 exploration program (at least the fall drilling program) has been a big success and 98 is looking very good without even drilling any wells yet, both Production and cashflow up over 18%. The seismic with Berkley on lands offsetting the recent Red River discovery may have exciting potential in 1998. Do you know who the partners are at Kingsford 50% W.I and at Crossfield 33 % WI. This stock is not a big trader but every once and a while you'll see huge volumes and the price has stabilized around 4.50. It's still up an impressive 30-40 % from it's 97 lows. If they can continue their reserse addition success in 98, then this stock should be a mover next year. What is your opinion on RLP. p.s. I remember seeing a site for US based options but I've never seen the CND equivalent. I will try to find it again. Cheers

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