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

To: Hickory who wrote (4517)	11/22/1999 1:59:00 PM
From: LowtherAcademy	Read Replies (1) \| Respond to of 4851

Hickory, Thought I'd throw out a couple of points for your examination/comments. A year ago UP had 7 directors: Helton, Laycraft, Hanson, Bruner, Albertus, Hislop and Jarvis. Bruner left and Watford assumed his position. Jarvis resigned so as not to be caught in"a conflict of interest" with Arrowhead. Now, Laycraft is leaving, Hanson is leaving and Albertus is leaving. UP is proposing to change the number of Directors to 3 from 7. With these directors being Watford, Hislop and Helton. So, Watford and Hislop can call a meeting with or without Helton and can do pretty much whatever they decide to do. Towards this end and to further their purposes they are wanting to continue operations under the YUKON BUSINESS CORPORATION ACT. Seems that the YBCA doesn't have as many restrictive and cumbersome laws governing their activities(of course there is always the ice breakup in the spring that slows down communication with the outside world) as the totally restrictive rules that govern the Vancouver Stock Exchange (Wow, I almost wrote that with a straight face!) The Shareholder meeting is coming up within a couple of weeks. Good luck to all the small shareholders, Lew

To: Hickory who wrote (4517)	11/23/1999 10:52:00 PM
From: driller1	Read Replies (1) \| Respond to of 4851

"DRTN" = "Dusty Road to Nowhere" - name penned by a previous posting... It's important because the Jer Man is allegedly gone, history, nada! That is important because he was allegedly the "founder" of the company, the brains, the inspiration, the SOUL... (What about kneller?) If you believe the last statement, and you still own the stock, - THEN YOUR ARE HOSED!!!! Even with Ultra as the non-operator, if there was GOOD news on the recent wells, we would have heard it. ULTRA: What happened to Schuster??? The only voice of reason left in the company! Why won't Ultra respond to this site - we all know you are listening...