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Gold/Mining/Energy : United Gunn Resources (UGR.V) -- Ignore unavailable to you. Want to Upgrade?


To: Veteran98 who wrote (41)5/2/1999 10:16:00 PM
From: Veteran98  Respond to of 42
 
UGR-VSE is on the move again. It's been a while (more than a year) since there has been anything concrete out of UGR. But apparently the testing mentioned in a recent news release is going way better than anticipated and there have been no water problems at all. This is the largest gas field in Canada and second largest including the U.S. once production gets underway UGR will be bringing in approximately $22,000,000 million a year revenue at anticipated rates.

United Gunn joint venture partner begins Beaver River well
testing

United Gunn Resources Ltd
UGR
Shares issued 15,019,352
1999-04-15 close $0.8
Monday Apr 19 1999
Mr. S. David Anfield reports
Wascana Energy Inc., a wholly owned subsidiary of Canadian Occidental, and the
operator of the Beaver River project in Northern British Columbia, has advised
that production testing on the B-2 well commenced on April 16, 1999.
United Gunn holds an undivided 12.5 per cent interest in the Beaver River projec