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To: energyplay who wrote (33280)	5/8/2003 5:22:03 AM
From: TobagoJack	Respond to of 74559

Energyplay, BTW, my Enerplus model, in a format that covers all the other Annual Reports in my hand (NCE Petro, PrimeWest) so far, is taking beautiful shape ... the business is so elegantly simple, mathematically model-able, and gad, all the numbers, be they Mcf, bbls, or BOEs, all add up ... As expected, the financial hedging of production presents bit of a problem ... back to the toil at the mine face, or, eh, gas field ;0) I want to see just how much similarity there is between this royalty stuff and that Ponzi schema. Chugs, Jay