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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: BigBull who wrote (56233)	12/6/1999 8:38:00 PM
From: Think4Yourself	Respond to of 95453

VGCO management going private - a trend in the making?? Monday December 6, 6:31 pm Eastern Time Company Press Release SOURCE: Virginia Gas Company Management Group of Virginia Gas Company Makes Offer to Purchase Company ABINGDON, Va., Dec. 6 /PRNewswire/ -- A Management Group (the Group), comprised of all the Corporate Officers of Virginia Gas Company (the Company), has presented a proposal to the Company's Board of Directors whereby the Group would acquire all outstanding shares of the Company's Common Stock. Under the proposal, each shareholder of Common Stock, other than members of the Management Group and certain other shareholders that may join with the Group, would be offered $4.00 in cash for each share. The cash purchase price represents a 33% premium to the closing price of the Company's shares on December 6, 1999. The Management Group is led by Michael L. Edwards, who is the Company's President and Chief Executive Officer. The ultimate success of the proposal is contingent on the necessary approvals of the shareholders, Board of Directors and regulatory agencies, obtaining the financing necessary to pay the acquisition price and consummation of other transactions involved in the acquisition. Virginia Gas Company (Nasdaq: VGCO - news), headquartered in Abingdon, Virginia, is engaged in activities including: pipeline operation, natural gas storage, gathering, marketing and distribution services; natural gas exploration, production and well operation; and propane distribution. The company conducts its operations primarily in the Commonwealth of Virginia. Information about Virginia Gas Company is available on the Internet at www.vgco.com SOURCE: Virginia Gas Company

To: BigBull who wrote (56233)	12/6/1999 8:42:00 PM
From: articwarrior	Read Replies (3) \| Respond to of 95453

First comes the ...QUIET....Then comes the capitulation...perhaps not finished yet for oil...Then when all hope is being squshed and the blood is running red in the streets; the charge of the BULL is heard...Shrouded on his massive shoulders is a Cape and written on that Cape is..... ... BOOM.....BOOM.....BOOM.....2000... Y2K the year of the OIL and GAS E & P BULL Tomorrow I buy with the confidence, and a Brass Jockstrap! Articwarrior(One whose black crystal ball shows Elliott Wave as being wrong and NG rising unexpectedly as a ARCTIC BLAST flows southward and sets record lows right behind record highs...Mr Freeze has spoken.....