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Strategies & Market Trends : 2002 Canadian Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: geoffb_si who wrote (544)	3/20/2002 11:08:49 PM
From: Mac	Read Replies (2) \| Respond to of 1590

KWE : about 6000 bopd. 30% hedged until June 2002. Excellent management. Harold Peterson has played this game before & sold at the top. 2 rigs running by end of month. net asset value about $2.50. Potential corporate aquisition increasing production to 10,000 bopd by end of year. Low debt & I think most or all of the institutional selling is done. Nice chart & earnings growth when the oil price was low. A few sparks in Iraq & away we go. If not, I hope to sell in a profit and move on. Mac