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


To: Gerald Atwater who wrote (4604)5/10/2000 7:25:00 PM
From: Gerald Atwater  Respond to of 4851
 
All,

The Annual Report (6 months thru the end of l999) can be found here: ultrapetroleum.com It requires Acrobat Reader and takes a bit to download.

I for one think Mike Watford has done a good job with a sorry mess he inherited when he became CEO in January, l999. He played hardball, took control and is now in a position where the gas price (June contract today at US$3.30) can help him achieve success for the company (you and me!). As soon as the Jonah II Environmental Analysis is formally approved (SOON) there will be another 50 BCF proved reserves on the books. And the Pinedale EIS should receive BLM approval by next month. Then the drilling using the 3-D seismic can begin there. IMHO there should be some very good results over the next six months. Best of success to all of us who've waited so long!

Gerry Atwater