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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Goldberry who wrote (5548)11/6/1998 2:07:00 PM
From: Kerm Yerman  Read Replies (1) of 24925
 
Graham / Personal Choices - Top Five

A few weeks ago, I thought share prices on the following companies
offered a tremendous buying opportunity. They have had a little run
since. I think oil prices will continue to drift in the $13.00 to
$14.00 price range. As a result, there might be short term weakness
in shares of oil producers. Shares of companies which are gas
leveraged would appear close to fully priced.

These are the companies which appear most attractive to me and I would
be looking to buy upon weakness from current share levels.

COMPANY CURRENT OPTIMUM
SHARE ENTRY
PRICE PRICE

Talisman Energy $ 33.80 $ 30.00
Berkley Petroleum $ 11.70 $ 10.00
Probe Exploration $ 3.06 $ 2.80
Genesis Exploration $ 7.30 $ 6.50
Vermilion Resources $ 4.90 $ 4.00

Beginning with the end of the 1st quarter these companies will be
issuing fantastic financial and operating reports. It will be this
period when one can begin to see true growth because the price of oil
and natural gas will be comparable to the same period of a year ago.
Even more so for six month 1999 reports.



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