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Gold/Mining/Energy : WML Westminster Resources -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (114)	8/15/1999 8:04:00 PM
From: Poseidonas	Respond to of 135

Bob: I'd gladly buy the beer. Bay street is hot for WML. There has been a lot of buy recommendations. Look at the volume and strength in the past couple of weeks. If everything goes smoothly down in Bakersfield, I think your graphs will have WML catch up and surpass the others in a hurry.

To: Bearcatbob who wrote (114)	8/16/1999 9:32:00 PM
From: Poseidonas	Read Replies (1) \| Respond to of 135

Westminster Resources Rises as Gas Flares From Well (Update1) Westminster Resources Rises as Gas Flares From Well (Update1) (Updates share price, market activity.) Calgary, Alberta, Aug. 16 (Bloomberg) -- Westminster Resources Ltd. shares rose 11 percent on news that natural gas is being flared from a promising well in California. Shares in the Calgary, Alberta-based company rose C$0.60 (US$0.40) to C$6.25 in Toronto trading of 678,160 shares, more than nine times the three-month average of 71,894. Earlier, the shares touched C$7. The company said it found natural gas at a well in which it owns a share in California's East Lost Hills, near Bakersfield, and the gas is being burned off. A well drilled at the same site late last year exploded and took more than five months to bring under control, leading to speculation that Westminster and its partners had tapped into a massive pool of gas. The company said the gas being burned today is under control. Westminster owns a 7.13 percent stake in the well being drilled in the San Joaquin basin. Berkeley Petroleum Corp. holds the largest share of the well at 40 percent, with partners Elk Point Resources Inc., Hilton Petroleum Ltd., Kokaburra Resources Ltd., Paramount Resources Ltd., PYR Energy Corp., Richland Petroleum Corp. and Trimark Oil & Gas Ltd.