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Gold/Mining/Energy : Ultra Petroleum (UPL) -- Ignore unavailable to you. Want to Upgrade?

To: LowtherAcademy who wrote (4361)	9/9/1999 11:33:00 AM
From: LowtherAcademy	Respond to of 4851

Amazing, here's UP's hot off the press News Release. Ultra Petroleum Corp_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ A U T O M A T E D N E W S R E L E A S E _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Ultra Petroleum Corp September 8th, 1999 Ultra & Partners Commence 3-D Seismic Survey Denver, CO - Ultra Petroleum announced today that its wholly owned subsidiary, Ultra Resources Inc., in partnership with Questar Exploration and Production Co, Anshutz Wyoming Co. and Lance Oil & Gas Co, Inc., is proceeding with a 3-D seismic survey of 85 square miles of the northern Pinedale Anticline. This 3-D seismic survey is centered on Townships 32N and 33N, R109W in Sublette County, Wyoming. Also known as the "Mesa area". Permitting, surveying and archeological work commenced mid August, with field acquisition to commence Sept 12th. All seismic work should be completed before the beginning of winter big game restrictions on November 15th. Ultra and partners have designed this survey to investigate the Lance formation of the Pinedale anticline. This survey will feature a full long offset/ full azimuth/high fold effort. This high-resolution data will then be computer analyzed for structural definition, reservoir characterization and hydrocarbon attributes. As per the terms of Ultra's Mesa property sale (announced June 22nd, 1999), Ultra's share of the projected total cost of $2,000,000.00 for the seismic survey is fully funded by Questar. This seismic data will play an integral role in guiding the drill site selection for the wells to be drilled by Ultra and partners in their year 2000 drilling program. Ultra Resources will operate this project on behalf of the partnership. Western Geophysical is contracted for the acquisition of this seismic survey. Investor Contact : David Russell at 800-688-5651 Certain statements, including future drilling programs and other information included herein constitute "forward looking statements" within the meaning of applicable laws or regulatory policies. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements described herein to me materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ You can view this news release and any links associated with it at ultrapetroleum.com _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _