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

To: Kerm Yerman who wrote (4967)	4/19/1998 12:54:00 AM
From: Richard Saunders	Read Replies (3) \| Respond to of 24920

Kerm - anyone connected in oilpatch/ YEAR 2000. Looking for general comments regarding how the "Year 2000" Computer Transition may impact Western Canadian oil/gas situations. Glancing at the recent annuals that have started to appear it appears companies are conforming to general reporting standards and at least giving lip service to the general Year 2000 issue. An example is Poco Petroleum's recent report - mentions that tests are happening on approx. 500 pieces of hardware and 200 applications and operating systems for compliance. Next breath, "The land, accounting and production reporting systems are not currently year 2000 compliant and a conversion project is underway." General spin becomes that the Y2K challenge appears to be one that shouldn't be too hard to overcome. Current estimate is something in the lines of "significantly less than one percent of spending." Last year Poco's CAPEX program was just over $626mil. Any comments from anyone who may have a decent forward-look idea as to what Y2K may mean to companies? What types of operations may be more at risk compared to others, etc.?............. I don't know and may be spinning on a tangent. Kerm, thanks too for write-up on Pan East - very thorough.

To: Kerm Yerman who wrote (4967)	4/19/1998 6:01:00 PM
From: jbe	Read Replies (2) \| Respond to of 24920

May a newcomer ask a question, please? I have pottered around in the oil patch some -- but never in Canada. For various reasons, I became interested in Canadian pipeline companies: first and foremost, in Lakehead Pipelines. But I'm stumped for information. Oddly enough, although Lakehead trades on the NYSE (as LHP), and although there is the usual amount (not too much) of information about it on the Yahoo Finance site, Telescan does not carry it (or Kaneb) in its data base. Although I can tell from the scanty Yahoo data that Lakehead appears to be a solid company, I cannot use Telescan to put it through my usual tests: comparing its performance, profitability, growth rate, PEG ratio, etc. against other companies in the same business. Can't get data on volume, momentum, etc., either. Any suggestions or advice would be appreciated. Thank you. jbe

To: Kerm Yerman who wrote (4967)	4/19/1998 8:17:00 PM
From: Dav!d	Read Replies (1) \| Respond to of 24920

Hello Kerm and all: re: Canadian Reclaiming Chemical There is small company called Canadian Chemical Reclaiming (or for short "Reclaim"). The ticker is CRL and trades on Alberta. It has just recently moved from the lower $0.20's to the mid $0.30's. This company has strong management (i.e. the Seamans) and most shares are held by insiders. It is involved in chemical reclaiming of glycol in the oil/gas and airplane industries. Is anyone familiar with this company or their technology. They have a web page at: www.reclaim.com Any help would be greatly appreciated. I am not familiar with this technology but the management is strong and capable. Besides, it is relatively cheap to $0.30 even though there exists 20 million shares outstanding. Look at the chart and you will notice that is looks like it is ready to break-out. David