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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (13155)	11/1/1998 9:19:00 PM
From: J.P.Campbell	Read Replies (1) of 15196

Kerm, a question re oil exploration in Ecuador A few months back Grantham Rs had a change of control and a news release that their subsidiary Grantmining S.A had a 22% interest in a consortium that won a bid for oil field development in Ecuador from the state company,Petroecuador. Grantham says the JV participants include "a Canadian oil and gas producer" and some Ecuador firms but didn't name same. I've emailed Grantham for a DD package but have not received a response yet. Would you have any knowledge of who is the "Canadian producer" and/or any links to research on the status of state oil fields privatization in Ecuador? Any South American energy news services I've found on the Web have large subscriber fees. Any comments will be appreciated, TIA, J.P.Campbell

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