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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Craig C who wrote (7258)	4/11/2000 2:43:00 PM
From: The Fix	Read Replies (2) \| Respond to of 24905

Heard a rumor that CLX is next on the dance floor. Very Interesting trading activity in the past few days. Anyone hear anything about Calahoo? fIXER

To: Craig C who wrote (7258)	4/27/2000 10:42:00 AM
From: Cal Gary	Read Replies (2) \| Respond to of 24905

Is BAU next, for sale? Check out the news release below. The 100 mmcf/d & 8,000 bbls/d are good too, but the really great stuff is at the end of the release. AGM postponed too. Craig, you got any shares in Bau, too? :o) ------------------------------------------------ Beau Canada's Slave Point production rate to be increased Beau Canada Exploration Ltd BAU Shares issued 91,816,628 2000-04-26 close $2 Thursday Apr 27 2000 Thomas Bugg reports The Slave Point gas discovery in the Ladyfern area of northeast British Columbia and the South Hamburg area of Alberta has been brought on at an initial gross production rate of 45 mmcf/d. This rate is to be increased to approximately 60 mmcf/d over the next two to three weeks. Beau Canada holds a 30 per cent working interest in the discovery. The company has extensive 3-D seismic over this area and has already identified six locations for the next winter drilling season. This discovery was initially described in Stockwatch news of Feb. 17, 2000. As a result of this discovery and an active winter drilling program, Beau Canada's daily production now exceeds 100 mmcf/d of gas and 8,000 bbls/d of oil and liquids. In response to several unsolicited proposals received by the company over the last several months, the special committee of the board of directors of Beau Canada has recommended to the board of directors that the company commence a process to explore strategic alternatives designed to maximize shareholder value. To that end, the board of directors has engaged FirstEnergy Capital Corp., BMO Nesbitt Burns Inc. and Griffiths McBurney & Partners to seek out and explore strategic alternatives. These alternatives may include the sale of all or part of the company's assets or shares of the company. In addition, the company may seek out alternatives involving strategic equity partners. Data rooms have been assembled and the financial advisers have commenced the process. To accommodate this strategic alternatives process, the board of directors has postponed the Beau Canada annual general meeting originally scheduled for May 30, 2000. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com