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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?


To: Don Richards who wrote (5764)10/15/1999 9:47:00 AM
From: Taff  Respond to of 15703
 
Post says Berkley favoured by Mulvihill

Berkley Petroleum Corp BKP
Shares issued 83,182,123 Oct 14 close $14.25
Fri 15 Oct 99 In the News
The Financial Post reports in its Friday edition that Berkley Petroleum is
a top stock pick of Alan Leach, vice-president of Toronto-based Mulvihill
Capital Management. Buy & Sell columnist Sonita Horvitch notes the stock,
currently $14.80, has a 52-week range of $17.75 to $7.35. Mr. Leach says
this Calgary-based oil and gas exploration and development company is one
of the fastest growing producers in Western Canada. He says the company is
well placed in the traditional Western Canadian sedimentary basins and is
participating in some plays with excellent potential. He says that two key
plays that could have a large impact on Berkley's future production growth
are Fort Liard in the Northwest Territories and the deep drilling program
in the San Joaquin basin in California. Overall, Mr. Leach says that
although Canadian energy stocks have had a big run in the year to date,
they still do not fully reflect the strength in oil and natural gas prices.
He remains bullish on the Canadian resource sector as a whole, a position
he has held since the beginning of the year. He says this sector continues
to lead the Toronto Stock Exchange.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com