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


To: Kerm Yerman who wrote (11989)8/3/1998 8:51:00 PM
From: Herb Duncan  Read Replies (5) | Respond to of 15196
 
CORP / RE: Centennial Energy Partners, L.P. - Announcement

AUGUST 3, 1998



NEW YORK, NEW YORK--Centennial Energy Partners, L.P.,
Tercentennial Energy Partners, L.P., Quadrennial Partners, L.P.,
Centennial Overseas Fund, Ltd., (with respect to shares held in a
discretionary account managed by Centennial Management, L.L.C.)
and Joseph H. Reich & Co., Inc., (with respect to shares held in a
discretionary account managed by it) (collectively the "Reporting
Persons") announce that they acquired 2,000,000 common shares of
Renata Resources Inc. on July 31, 1998 through the facilities of
The Toronto Stock Exchange. Centennial Energy Partners, L.L.C. is
the General Partner of Centennial Energy Partners L.P.,
Tercentennial Energy Partners, L.P., and Quadrennial Partners,
L.P. The principal members of Centennial Energy Partners, L.L.C.
are also the principal members of Centennial Management, L.L.C.
and the executive officers of Joseph H. Reich & Co., Inc.

The purchase by the Reporting Persons of common shares of Renata
Resources Inc. is for the purpose of investment. As a result of
their normal course purchases, the Reporting Persons currently own
in the aggregate 12,789,300 common shares of Renata Resources
Inc., representing 10.74 percent of the issued and outstanding
common shares. The Reporting Persons may continue to purchase
common shares of Renata Resources Inc. for investment purposes,
depending on the market conditions for shares of Renata Resources
Inc. and other factors.



To: Kerm Yerman who wrote (11989)8/5/1998 3:23:00 AM
From: Kerm Yerman  Respond to of 15196
 
BULLETIN - Listing & Portfolio Revisions

I have taken the following course of action to reduce focus on the
number of companies currently in my three types of listings. Total
investment in the related portfolios remain's the same - but will
consist of fewer companies.

Yesterday, the following three purchases were made. They are already
listed, but holdings in the individual portfolios will increase
significantly.

Bought 1,000 shares Genesis Exploration @ $6.15 Total $ 6,150.00.

Bought 600 shares Vermilion Resources @ $5.40 Total $ 3,240.00.

Bought 1,400 shares Crestar Energy @ $16.40 Total $23,100.00.

Total purchases must be offset with sales of current holdings by
Friday Evening. I will announce these as they occur.