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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: mike smith who wrote (5117)	2/24/1999 12:18:00 AM
From: Richard Saunders	Read Replies (1) of 24921

Some repeats - Timely Topic - Net Asset Valuations. Last April & June a couple of helpful posts regarding Oil & Gas Reserve Evaluations ( #reply-3995847 ) appeared. A further followup also was posted at #reply-4665908 . With recent concerns re: heavy debt, especially related to cash flows and underlying assets, etc. the couple of linked posts would appear relevant. Also noticed another cdn. brokerage has eased off again on '99 & '00 WTI estimates - $13.50us & $14 (levesque).

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