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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: Peter who wrote (517)	3/14/1998 5:52:00 PM
From: veegee	Read Replies (4) \| Respond to of 2306

The land in the next sale is around the land Shell paid over $1,500.00 per hectare for. If Shell has a 'barn-burner' of a well here, BEA et al better be prepared to bid high at the next land sale. I see RLN-A (Resolution) now has 43% interest in 36 sections of land in the Turner Valley area. Some of the land posted in the next sale adjoins RLN lands. I hear RLN has defined at least four structures with a second and lower slice of Turner Valley Formation and with Upper Devonian Crossfield Member underneath the 'deep' Turner Valley prospects. Petro-Canada announced on Thursday a huge well to the north-west about 50 miles but within the same foothills corridor that the Turner Valley area is in. Although early days, this foothills corridor has the potential to become the hottest and biggest conventional land based gas and oil play in North America over the next 3-5 years.