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Gold/Mining/Energy : Post Practice For KK - Temporary

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To: Kerm Yerman who wrote (40)1/13/1998 9:04:00 AM
From: Kerm Yerman   of 122
 
GLJ - PRICING INFORMATION

NATURAL GAS PRICING

Calendar 1998 & 1999 Forecasts
October 1, 1997 January 1,199
------------------------------
Henry Hub Gas Price ($US/MMBTU)
1998................................. 2.20 2.20
1999................................. 2.15 2.15

Average Alberta Gas Price($CDN/MMBTU)
1998................................. 1.75 1.60
1999................................. 1.85 1.85

TCGS GAS PRICE ($CDN/MMBTU)
1998................................. 1.75 1.70
1999................................. 1.85 1.85

PAN-ALBERTA GAS PRICE ($CDN/MMBTU)
1998................................. 1.85 1.80
1999................................. 1.85 1.85

PROGAS GAS PRICE ($CDN/MMBTU)
1998................................. 1.85 1.80
1999................................. 1.85 1.85

CANWEST FIELD GAS PRICE (4CDN/MMBTU)
1998................................. 1.25 1.05
1999................................. 1.35 1.25
----------------------------------------------------------------------

CRUDE OIL PRICES

Calendar 1998 & 1999 Forecasts
October 1, 1997 January 1,199
------------------------------
WTI @ CUSHING ($US/BBL)
1998................................. 20.00 19.00
1999................................. 20.50 20.00

LIGHT SWEET @ EDMONTON PRICE ($CDN/BBL)
1998................................. 26.50 25.75
1999................................. 26.75 26.75
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