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

To: kodiak_bull who wrote (85999)	2/2/2001 4:02:19 AM
From: Brian	Respond to of 95453

WOW, do these guys ever sleep; BELW has a press release at 1:01 a.m. biz.yahoo.com Friday February 2, 1:01 am Eastern Time Press Release Bellwether Exploration Completes Last Phase of Non-Core Oil and Gas Property Divestiture Program HOUSTON--(BUSINESS WIRE)--Feb. 2, 2001--Bellwether Exploration Company (Nasdaq:BELW - news) announced today the completion of the last phase of its divestiture program with the sale of approximately 4 MMBOE of non-core oil and gas properties for $27 million. Proceeds from the transaction will be used to pay down company debt. Today's announced sale will eliminate approximately 450 wells, while reducing production by only 2,293 net BOE per day. Bellwether is also in the final stages of negotiations for the sale of a gas plant in West Texas, and is expected to close within 30 days. The total divestiture program which was initiated last fall, included overall sales of approximately 7.3 MMBOE for $49 million, and will represent annual cost savings of approximately $1 million in associated G&A expenses. ``This sale, along with the prior property sale transactions, will complete the divestiture phase of our strategy that we laid out earlier this fall,'' commented Doug Manner, president and CEO. ``Our balance sheet will be improved and will provide the ability to re-deploy, through acquisition, into new, operated assets in our core areas,'' added Manner. In addition to today's announced property sale, Bellwether continues to move forward with its plans to acquire Bargo Energy Company. The SEC Form S-4 Registration Statement was filed on Feb. 1, 2001. Additionally, new budgets are being honed and asset integration plans are proceeding.

To: kodiak_bull who wrote (85999)	2/2/2001 8:52:13 AM
From: isopatch	Respond to of 95453

OT/KB. Conveyed similar sentiments to her during an exchange of PMs about 3 weeks ago. Finished Kowloon Tong. Thank you. A good read and a nice break from some of the fiction paraded as fact in the investment game(ggg). Iso

To: kodiak_bull who wrote (85999)	2/2/2001 10:29:12 AM
From: diana g	Read Replies (1) \| Respond to of 95453

No Fair, KB!!!! You shouldn't extract partial sentences for quotation, leaving out important modifying phrases, and then respond to the altered statement you created. ---You didn't even put in the ... to show the extraction! Shame on you! What next? Audio tape alterations? Photo manipulations? Suborning perjury? you wrote ---- <<<<"...You must be very young to say, 'the things we most regret aren't the things we did, but rather the things we didn't do.' ...">>>> But what I actually wrote was (Bold added) ---- <<<"...You know it's very often true that the things we most regret aren't the things we did, but rather the things we didn't do. ...">>>> -------------------------------- Age is relative, of course. I'm upper twenties. But I first heard that statement about regret from one of my uncles who was older and a very wise person, imho. He meant to refer to more serious things than trips to Vegas or excessive indulgence. It was meant as a warning against assuming inaction to be the safe/right tack in uncertain circumstances. ---Eg, one might regret acting hastily. But one might also regret failing to act quickly when circumstances require it. ---I shouldn't have used the statement in the Vegas trip context since that made it so open to misunderstanding. I regret that. And you should regret mangling my sentences!!!!! <G> regards, diana