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Gold/Mining/Energy : AOW, Arrowhead Mineral Corp -- Ignore unavailable to you. Want to Upgrade?

To: Hickory who wrote (105)	9/10/1999 11:48:00 AM
From: LowtherAcademy	Read Replies (1) \| Respond to of 193

Hickory, I've been told that here is a very amazing paper trail(of course, who knows what it will ultimately prove). The AOW board granted approval of the deal in their July 7th board meeting (According to Mr. Laird). I've requested via phone a copy of these minutes to David Russell, the IR person for AOW. Personally, I would like for them to post the minutes on their web site. If Mr. Laird is mistaken or misleading me in his assertion that the approval was granted at the meeting and is part of the public record, I would greatly appreciate seeing the truth so that I can get a correct picture. The minutes are public record. Furthermore, according to Mr. Laird, the most damning information lies in the obvious conflict of interest that the board members, i.e., Mr. Jarvis and Mr. Hislop demonstrated by their actions and subsequent explanations of those action. The paper trails seems to start with The ASSIGNMENT, BILL OF SALE AND CONVEYANCE, filed with the Sublette County Courthouse stamped #273664. Marked "In Book 111 O&G page 532" This is the agreement between UP AND ANSCHULT WYOMING CORPORATON. Signed by Mr. Watford for Ultra Petroleum. '"The Effective Time" of this Assignment, Bill of Sale and Conveyance is May 1, 1999 at 7:00 a.m. Mountain Daylight Time.' Page 3, paragraph 4 The interests assigned, transferred, granted and conveyed unto Assignee hereunder shall have no responsibility for and shall not be burdened by any obligations of liabilities under(i) that certain letter agreement, dated August 19, 1997, between Arrowhead Resources (USA)Ltd. and Assignor, as amended, and (ii) that certain First Amended and Restated Jonah Field Development Agreement, dated as of April, 1998, between Halliburton Energy Services, Inc. and Assignor, and the right, title and interest retained by Assignor shall bear the entire burden thereof. Assignor and its successors and assigns shall, to the fullest extent permitted by law, defend, indemnify and save and hold Assignee and its directors, officers, employees, agents and shareholders harmless from and against any and all duties, obligations, liabilites and claims, relating to or arising out of such agreements or claim that such agreements and the liabilites and obligations thereunder burden the interests." Regards, Lew