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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (12406)9/22/1998 11:15:00 AM
From: Kerm Yerman  Read Replies (3) of 15196
 
Kerm's Portfolio / Weight Listing

Based upon closing prices of Monday 9/21/98, the following is a
breakdown of issues comprising my portfolios.

Anderson Exploration 2.47%
Berkley Petroleum 4.18%
Chieftain International 6.23%
Crestar Energy 18.74%
Northrock Resources 1.98%
Paramount Resources 4.78%
PennWest Petroleum 2.56%
Petro-Canada 3.03%
Poco Petroleums 2.23%
Probe Exploration 2.03%
Remington Energy 1.34%
Rio Alto Exploration 2.40%
Talisman Energy 7.52%
Ulster Petroleums 5.51%

Sub-total Level I 65.00%

Bonavista Petroleum 2.31%
Compton Petroleum 1.72%
Cypress Energy 2.87%
Genesis Exploration 6.43%
Highridge Exploration 2.68%
Pan East Petroleum 1.47%
Spire Energy 1.68%
Tethys Energy 3.25%
Thunder Energy 3.38%
Vermilion Resources 2.75%
Westminster 2.30%
Badger Daylighting 1.01%
Enerflex Systems 0.97%
Hyduke Capital 2.18%

Sub-Total Level II 35.00%

I'm satisfied with the ratio of dollars invested between Level I and
Level II. I am not satisfied with the percentages for individual
issues in both listings. I am far overweighted in Crestar Energy.
However, the shares offer real value at present levels and I will
continue to hold. I'm hopeing to see a buyout announced in the near
future.



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