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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (11546)	6/30/1998 4:47:00 PM
From: Kerm Yerman	Respond to of 15196

FIELD ACTIVITIES / Ultra Petroleum's Mesa 15-8 Well Update ULTRA PETROLEUM CORP. - MESA 15-8 WELL EXCEEDS EXPECTATIONS Date: 6/30/98 4:07:32PM, BRITISH Stock Symbol: UP All plugs have been removed from the Mesa 15-8 well and the first seven stages (between 10,360 ft. and 12,832 ft.) that have been completed so far (out of a total of 10 planned stages) are flowing on a commingled basis into the pipeline. In a 24 hour flow test on a 9/64 inch choke, the well flowed 9.7 million cu. ft. of gas per day with an average flowing casing pressure of 1650 psi. According to Company engineers, the well is responding to fracture stimulation in a similar fashion to Jonah Field wells. After several more days of flow, a plug will be set above the completed zones and three more fracs will be performed on the remaining 355 net ft. of pay between 8,439 and 10,243 ft., after which the entire completed wellbore will be opened up to the sales line. The Mesa 15-8 is located approximately 20 miles NNW of Jonah Field on the northern plunge of the Pinedale anticline. It is the first of 6 earning wells on the Mesa project, which encompasses approximately 20 sections. Ultra has 85% working interest and Western Gas Resources (NYSE: WGR) has 15% working interest in the earning wells until payout. After payout, Ultra will have working interests ranging between 53.125% and 63.75% in the project.

To: Kerm Yerman who wrote (11546)	6/30/1998 4:52:00 PM
From: Kerm Yerman	Read Replies (3) \| Respond to of 15196

CORP. / Symmetry Resources Appointments SYMMETRY RESOURCES INC. ANNOUNCES APPOINTMENTS Date: 6/30/98 3:31:42 PM Stock Symbol: SYO SYMMETRY RESOURCES INC. announces the following appointments effective July 1, 1998: Mr. Paul D. Jackson, P.Geoph. to Vice President Exploration. Mr. Jackson previously held the position of Manager, Geophysics with Symmetry. Mr. John M.A. van Schyndel, P.Eng. to Vice President Operations. Mr. van Schyndel was Manager, Production for Symmetry prior to this appointment. Mr. Giovanni B. DeFrancesco to Vice President Corporate Development. Mr. DeFrancesco previously held the position of Vice President Operations with the Company. Symmetry Resources Inc. is an Alberta based corporation engaged in the business of exploring for, developing and acquiring oil and gas properties in the Provinces of Alberta, British Columbia and Saskatchewan.