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

To: Richard Saunders who wrote (7469)	8/17/2000 2:04:04 AM
From: Gulo	Respond to of 24905

Hi Richard; glad to see you're still around. Speaking of doing "better than one's peers", have you looked at T.PYP? It produced 1,818 boepd (93% gas @ 10:1) exiting Q1. Production is about 3,300 now and forecasted to average 2,638 for 2000 and 3,700 for 2001. Cash flow and earnings were .43 and .29 for Q1 (i.e., before this springs jump in gas prices). PYP is trading at 2.8X this years CF and 2X 2001 CF. This isn't one of the micro-caps we were playing with in the past, but it is fairly small (8.4M @ $8.5). - g (Andrew)

To: Richard Saunders who wrote (7469)	8/17/2000 6:49:01 PM
From: CIMA	Read Replies (2) \| Respond to of 24905

DIGG - trades on the pinks, but is located in Calgary. Looks like an interesting China play: Digital Gas Names Two New Directors NEW YORK, Aug 17, 2000 /PRNewswire via COMTEX/ -- Digital Gas, Inc. (DIGG - Pink Sheets) today announced that Christopher Mothersele, formerly with Gulf Canada Resources Ltd., and Lois McCorriston, formerly with Halliburton Energy Services, have agreed to serve as Directors of the company effective immediately. Mr. Mothersele will be responsible for developing and accessing new products and technologies for future growth and will be the person responsible for the maintenance and quality of the reserves which Digital contracts to enhance on a worldwide basis. He will also be responsible for reservoir engineering, reserves evaluation and exploitation planning. Ms. McCorriston will be responsible for the development and application of chemicals for oil & gas production, including horizontal drilling, completions, production and EOR on a worldwide basis. She has numerous patents in her specialty area and was the recipient of the Pegasus Award in 1997, which was awarded by Mobil Oil for "Outstanding Technical Work in Horizontal Wells." The leader of the Digital Gas technical team is W. Brian Lunan. Mr. Lunan was formerly with Halliburton, NL McCullough, NL Industries, Schlumberger Overseas, Phillips Petroleum and Uddeholms/D.N.N. in a variety of positions and has been involved in the drilling of 300 under-balanced wells, including major projects in North and South America, Europe and the Far East. Mr. Lunan was the Director of Training in Brazil and Argentina for Schlumberger. "Digital Gas has asked me to bring the very finest oil & gas practitioners into the company to support an aggressive growth plan that entails the exploitation of downstream as well as upstream opportunities worldwide," said W. Brian Lunan, who is also a Director of Digital Gas and who has recently accepted an invitation to co-Chair a UBD session with Shell at the SPE 2000 Conference and Exhibition in Dallas from October 1-4. In an entirely new development, Digital Gas stated that the company has just signed a Letter of Intent to participate in a highly innovative, world-class development project in an area of China that over all the centuries of Chinese history has escaped any meaningful development. "We are currently evaluating the extent of our participation in this dramatic new project and we will make an announcement regarding the precise level of our involvement by early next week," said Mr. Lunan. For further information, contact Leo Murray at 212-856-4496. SOURCE Digital Gas, Inc. CONTACT: Leo Murray of PR Associates, 212-856-4496, for Digital Gas, Inc. (DIGG) prnewswire.com (C) 2000 PR Newswire. All rights reserved.