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


To: Bob Walsh who wrote (4658)6/26/2000 11:24:00 AM
From: Gerald Atwater  Respond to of 4851
 
Bob,

Those are some amazing per share numbers, aren't they! Riker has posted elsewhere that three rigs will be working the Jonah locations by mid-July. And Michael Watford himself has stated that these wells at current gas prices payout in 6-8 months. By this time next year . . . ? Good news has a way of smoothing out all those bumps we've hit the past few years! Best wishes to all who've hung in.



To: Bob Walsh who wrote (4658)6/26/2000 9:18:00 PM
From: upultra  Read Replies (1) | Respond to of 4851
 
I think these Reserve valuation numbers help to show that Clive Stockdale's prediction of $5/ share by Christmas is realistic.

cheers,
riker