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

To: HAZ who wrote (4620)	2/6/1998 9:47:00 AM
From: Kerm Yerman	Read Replies (2) \| Respond to of 24905

HAZ / Pan East Petroleum I like the company for just the reasons you listed. I've always considered Pan East and Petromet as sister companies because of their focus and areas of operation. Have you had the opportunity to check out Esker Resources yet? As I've been mentioning for the last year, natural gas is the place to be and heavy oil is not the place to be. I still stand firm on that position. However, as the price of oil improves - later part of 1998, battered shares in companies dominant in light and medium grades of crude production will be attractive for purchase. I agree with your focus of attention and believe you are on the right track.