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

To: Kerm Yerman who wrote (4117)	11/12/1997 11:05:00 PM
From: Stephen Bedingfield	Read Replies (1) \| Respond to of 24918

Kerm / Haz / All / Question of Ethics / OFF TOPIC If I may be allowed some leeway to post a question on ethics on this forum. I look forward to your comments. In doing DD I decide to email a Company asking specific questions regarding financials, production targets, exploration, mgmt expectations, and so forth... you get the picture. I get a specific, detailed and informative official reply from a Company officer (investor relations, CFO, etc), by email, to my questions -- BUT also included in the emailed reply is a statement that "this correspondence be regarded as a private communication and it not be used otherwise without my prior approval." So what gives? Is the information privy or public? What are the ethics of giving me information I may not be able to share if I so choose? What are the ethics of my possible disclosure of this information; information which I only received on the basis of being an interested investor, NOT on any basis of a priviledged or fiduciary relationship? Your advice will be greatly appreciated. stephen

To: Kerm Yerman who wrote (4117)	11/24/1997 5:50:00 PM
From: SofaSpud	Read Replies (1) \| Respond to of 24918

All / Calibre / Trego Does anyone follow Calibre? If so, I'd appreciate a quick comment: TREGO ENERGY INC. CALGARY, Nov. 24 /CNW/ - Calibre Energy Inc. (Calibre) and Trego Energy Inc. (Trego) today announced they have entered into an Agreement which provides that Calibre will make an Offer for all of the Common Shares of Trego on the basis of $1.30 Cash plus 1/5 of a Calibre share for each Common Share of Trego. The combined company will have daily production in excess of 2000 BOE/D and 65,000 net acres of undeveloped lands. The majority of the Calibre and Trego properties are located in central and southeastern Alberta and southeastern Saskatchewan. Trego's major shareholders have agreed to tender their shares, accounting for more than 40% of the outstanding total, to the Calibre offer. The offer is expected to be mailed to Trego shareholders on or before December 17, 1997, and is currently subject to completion of due diligence and required regulatory approvals being obtained. Trego has agreed, in certain circumstances, to pay Calibre a non-completion fee of $500,000, which is payable even if a higher tender is accepted. The Toronto Stock Exchange and The Alberta Stock Exchange have neither approved nor disapproved the information contained herein. Not for distribution in the United States or on U.S. wire services. 11/24/97 For further information: R. Dean Smith, President, Calibre Energy Inc., (403) 237-7020, Fax: (403) 237-5806; or, Hugh D. Borgland, President, Trego Energy Inc., (403) 266-8090, Fax: (403) 266-8094, E-mail: tregoenergy@msn.com